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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (29458)12/28/2007 3:15:20 PM
From: Mark Mandel  Read Replies (1) | Respond to of 78748
 
RE: "2% of my IRA is made up three drug stocks; PFE, MRK & BMY"

Was just wondering why not buy mutual fund(s) that specializes in health care, especially since your time line is so long (25 yrs)? It would seem there are some out that yield more than 10%. Vanguard used to have one, not sure if they still do, that had a nice late teenager yield.

jm2cw
Mark



To: E_K_S who wrote (29458)12/28/2007 11:10:04 PM
From: Jurgis Bekepuris  Respond to of 78748
 
Thanks for explanation. Your expectations are rather modest, so you are probably right that they are achievable. Good luck with them. I will let you know if I decide to change my position on pharmas. :)



To: E_K_S who wrote (29458)5/21/2008 12:16:08 PM
From: Paul Senior  Read Replies (1) | Respond to of 78748
 
PFE now under $20 again, and this time I'll add some to my losing position.

finance.yahoo.com


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