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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?

To: Angler who wrote (3393)	2/15/2001 9:04:42 PM
From: MoneyPenny	Read Replies (1) \| Respond to of 4916

my best financial advice ever to my daughter and her then boyfriend was to back off San Francisco real estate last summer. They were involved in a weekend game of looking at houses in the city, bidding over the ask and constantly losing to someone willing to pay 20% or even more over the asking price. They are young (under 30) and couldn't imagine that the dot.com party could end and were talking about this hovel or that hovel being a bargain at 800k. What a difference 9 months makes: They are very lucky to have a leases in Mill Valley at this point that are affordable now that their jobs have lost their luster. I'm in select money markets and FSESX only right now. Wish I had gone totally to cash. Sharon