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


To: MoneyPenny who wrote (4378)4/12/2002 10:14:51 AM
From: Angler  Respond to of 4916
 
You know I owned FAX until about 5 yrs. ago; the share prices just kept dropping so I gave it up. The economy of N.Z. (where I have relatives) was in bad shape so decided that that bond backed investment was a dead duck. If the dividend or interest is steady and good I guess it works over the long haul.

I recall warnings given to me years ago about taking chances extending credit to businesses based in Florida.

Angler