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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (5887)	10/4/2002 11:33:05 AM
From: Tradelite	Respond to of 306849

Jim, I agree. It will be a cold day in hell before I give one more penny to a fund manager, thinking he's actually going to "manage" my investment. He's going to lose it every single day before he makes a move that might reverse it to the upside. He may well be fulfilling his job description, but that doesn't mean I have to give him my money to keep his job. Do have money invested in a IRA in a balanced strategy fund and GNMA fund, which I will only change if drastically needed. Other funds, I just have no use for at the present time, and will change my IRA allocation if conditions seem to warrant--but won't depend on the "manager" to determine anything one way or another.