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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Bread Upon The Water who wrote (3978)3/2/2010 1:17:01 PM
From: Steve Felix1 Recommendation  Read Replies (1) | Respond to of 34328
 
I think if that is what you are comfortable with, that is what you should do. Some people here may not be familiar, and may not do enough dd to realize some things aren't going to pan out as advertised.

<But if the market were to repeat last March those two funds would be worth about 35K.>

Before April 2009, the lowest price SKF ever traded was 66.37 week of 2/23/07. $3000 would get you 45.2 shares. Highest price ever, $303.82 week of 11/21/08. 45.2 shares X $303.82 = $13732.

The best market timer ever could have bought and held two months. From a low of $87 week of 9/19/08 until the high of $303.82 week of 11/21/08. That would have made 3k shares worth $10477.