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


To: Think4Yourself who wrote (160082)10/25/2008 7:14:44 PM
From: TommasoRead Replies (1) | Respond to of 306849
 
Well, I mentioned two types of funds. Bear funds like RYVNX, etc, (double inverse of QQQQ) QID, SRS, SDS, etc which I have now sold because you can never tell what all this cash will cause.

But I mentioned the old fashioned closed-end stock funds such as Central Securities, General Americn Investors, etc.

Typically at the end of a bear market they are at discounts up to 25% of NAV. So you can get a boost as the discounts narrow, if it happens. And they can be bought on margin.

But that's looking way ahead. Maybe 2-3 years.

Craziness and chaos ahead right now.



To: Think4Yourself who wrote (160082)10/25/2008 7:46:22 PM
From: damainmanRespond to of 306849
 
Worst thing about mutual funds is you only get the end of day price imo. With the volatility we've been seeing you could miss out on a whole years worth of typical mutual fund gains by missing an intraday low.