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Strategies & Market Trends : Mutuals:AIMing For Profits--Invest In Best -- Ignore unavailable to you. Want to Upgrade?


To: Jim Battaglia who wrote (644)11/4/1997 4:32:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 4158
 
Hi Jim, I've been trying to convince my daughter to go on a college scouting trip to VA. My brother was an alumnus from Lynchburg College. I visited the campus and thought that area of VA was just beautiful. I'll keep you posted.

Best regards, Tom



To: Jim Battaglia who wrote (644)11/4/1997 6:03:00 PM
From: Murray Grummitt  Read Replies (1) | Respond to of 4158
 
Actually, I just switched all my funds to bonds and mmfs since we're almost back to
pre grey Monday levels! Considering that I can switch between funds within families
with no cost, I take advantage of market timing signals (not the most reliable)!
However I can also take advantage of seasonal indicators such as: pre- and
post-holiday price action, Friday and Monday effect, monthly tendencies,
end-of-month patterns, the presidential election cycle and year-end tax selling (very
reliable)! I haven't seen any mention of these reliable effects on S.I.! I plan to buy a
high beta sector fund subject to tax-loss selling such as a gold fund mid Dec. Can you
identify any other sectors that are down and might be subject to tax loss selling to
reduce my risk?

Sell now? { ;~)
Murray



To: Jim Battaglia who wrote (644)11/10/1997 12:11:00 AM
From: RFH  Read Replies (1) | Respond to of 4158
 
Speaking of mushy stuff, I remember you, Jim, from back in the Prodigy days. I just recently (this weekend) found this site, and have been reading the last 30 or 40 posts with great interest. Excellent job, Jim, and it's nice to see Tom throwing in his two cents. I see you occasionally posting in Tom's BB, and didn't know you had your own!

Enough buttering up, because I have a very serious question regarding one of my mutual fund accounts. Hope you can give me some insite for consideration.

I've had an account with Fidelity since January 1, 1992. It has since grown to 46.5K, and holds 7 funds along with their MM (FDRXX) (15.7%). The funds are: Cap&Inc (4.7%), Growth Co.(8.3%), Low Price Stk (8.1%), Mid Cap Stk (7.8%), RealEstate (19.7%), Value (8.8%), and Sel Energy Services (26.9%). I've had an average annual return on this account of 18%. You can see that I've held it through this great bull market, and it has performed pretty well. Now, however, I have decided to convert it to an AIM account, since I personally feel that the free ride is OVER. The question is: Where do I start to find the one fund to apply to the AIM methodology. I'm using Bob's Newport program for individual stocks. I'm ready to make the plunge, and don't really want to diversify into a basket of funds anymore, so I thought I'd "ask an expert" for some advice. If Tom can check this out also, I'd appreciate it. Thanks a lot, and keep up the good work.

Sincerely,
RFH