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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??
IMPX 3.730+24.3%Jan 6 3:59 PM EST
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To: Xavier who wrote (2222)2/19/1997 4:17:00 PM
From: Stockski   of 2560
 
Xavier,

Any large mutual fund manager is probably better equipped to analyze a broad range of stocks. There are rating services that compare performance of the different funds ie. "Morningstar". The investment strategy with mutual funds is to cost average into the fund by making long term regular investments. Most investment managers recommend leaving the money in the fund(s) for the long haul and not jump in and out as the market fluctuates. They have shown to be good investment tools compared to other types of investments and will generally at least keep up with inflation. I have no money in them at present because I enjoy the challenge of creating a diversified portfolio with securities I've personally researched. Selecting performance standards of the securities you ultimately invest in is essential. Most people don't enjoy the tedium involved in "mining" stocks but I love it. Patience is not my forte' and several times I've missed tops by selling too soon, maybe that's why long term fund investment makes sense. Fund managers never become emotionally involved, they set their performance objectives and stick to them.

babble, babble, babble...

Later.
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