In any given bull market their are typically a few sectors that lead and outperform the rest of the market. By the same token bear markets often do not affect every sector. The same holds true for mutual fund families. By identifying and investing in the family groups that are performing BETTER THAN THE S&P 500 one has a better opportunity for greater profit potential.
It is well known that by "Investing In The Best" funds one can reap huge profits not normally achievable in a diversified mutual fund portfolio. In other words, why diversify if the fund you are in is not performing satisfactory. One needs to concentrate on the BEST.
The fortunes of one particular industry sector or family group can also change rapidly. The last quarter star performance could very well be this quarter's diaster. Therefore one needs to upgrade periodically.
My attempt here is to realize ABOVE AVERAGE gains by investing in the right families and then select the funds within those families that shows the best overall performance and hold that fund until it stops performing better than the S&P.
This subject therefore will navigate weekly into the vast array of fund families from both a selection and perfomance standpoint and share that information with you.
AIMing For Profits
Jim Battaglia |