SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: rgammon who wrote (12050)7/13/2000 3:24:25 PM
From: bob wallace  Read Replies (1) | Respond to of 18928
 
yes, that is why I like an index better,
it may swoon, but it is not likely to disappear



To: rgammon who wrote (12050)7/16/2000 8:56:27 PM
From: LemonHead  Read Replies (5) | Respond to of 18928
 
At the Cross Roads

Hi Robert, lot of discussion about entry. How about Exit!!!

Friday established a new high in my wife's IRA. If I was able to rate my performance it would be:

Eve IRA = A+
Keith IRA = B
Keith Taxable = A
TEC Taxable = F

The "F" on taxable TEC is because I got blinded by CTXS. That is why I'm concerned about the other accounts.

Here is my dilemma. I feel that it is my financial duty to protect the IRA's at all cost. In the past I let a broker dictate my overall position. Now I think the fuzzymath approach is wiser.

I watched my wife's IRA drop 25% from the March peak to gain back to a new high as of last Friday. I ask myself at this juncture?

Do I let it ride?
The mutual funds in her account have changed the trading rules and I have only one trade option available. Trades under six months are now charged a 2% redemption fee.

I feel that at least half of the mutual fund value should be moved due to the new trading rules.

I also think that some of the other equities have peaked in their own ways. This money could be moving side ways for quite sometime. Better to move to money market, dividend type or bond fund.

AIM works well and I don't think I could adapt to any other Risk Management System. But some how one needs to know when to harvest and not let the fruit rot on the vine.

Keith