As a followup to the last post, I offer this alternative to the very difficult task of timing the market. There are times when the future is clearer than at others.
But in a sense "uncertain times" are most of the time. Whether we can reliably predict the future is arguable. However we can decide NOT to presume to predict the future and instead to ride the coat tails of some others who have proven ability to hedge the markets and come out on top decade after decade. And that's what I'm doing right now.
Here are five US mutual funds which can do this, and all in different ways. I would recommend studying them via MSN Money Funds (http://moneycentral.msn.com/investor/research/fundwelcome.asp?Funds=1)
or FastTrack (http://www.fasttrack.net/INDEX.ASP) and other internet fund sites. Each is carefully selected by me for my own use. Each is different from the others. In several cases I have listed two versions: one is a load or retail fund and the other a no load or institutional version.
These five funds are the core of my long term investment portfolios. The first four I have owned for years, the last one more recently. They are supplemented or "flavored" by ETF's and a small number individual stocks: HSGFX, DODBX, SGENX/FESGX, TAVFX, PASDX/PAAIX.
These have all demonstrated an ability to survive and do well during the wild bull and bear markets of the past decade and before.
As always, these are my choices for personal use. I don't work for them or anyone but myself.
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