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  #8  
Old 01-07-2008, 01:56 PM
dumbstruck
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Default Re: Low to Moderate budget Investor

On Jan 5, 7:26*am, FranksPlace2 <FranksPla...[at]gmail.com> wrote:
- quote -

> For Growth, I follow NoLoadFundX Monthly Upgrader Portfolio. *Trades
> run one or two a month. *This one I have followed for about 6 years.
> 2007 return was 18.2% vs 5.4% for S&P 500.
> My agressive portfolio relies on Fidelity Select MFs (sectors)
> selected via the NoLoad Fundx ranking system. *2007 return is about
> 30%.
> Every month I review the newsletters recommendations and make the
> appropriate trades. *I work for my money; now it must work for me.


That newsletter was my bible for years, but isn't it now obsolete? For
one thing, it's strategy is essentially builtin to the http://fundxfunds.com/funds.cfm
fund family, with all varieties of risk levels on offer. Rydexfunds
also has a couple such funds, and Pimco has a couple for bonds. All
that's left for you is to set allocation of equities vs non-equities
once in a great while.

Now back to the original question, maybe one answer would be read
nothing - just shove everything into a balanced fund. Track where it
falls in http://news.morningstar.com/fundRetu...ryReturns.html
and over time you will get familiar with alternatives to educate
yourself about. BTW the expensive Fundx newsletter gave little more
than the info available on that website, only addng the simple bias
weighting for most recent total return (which you can simulate by
clicking on different time periods to sort by).

Most US financial magazines and tv shows are shrill fluffy garbage due
to being paid for mainly by advertisements. Luckily England is behind
the times and still offers content for ex-colonial dollars. The
Economist is a knockout world news and financial magazine, and can
almost serve as the only reading matter you follow. Large, weekly and
expensive... but now I follow almost every word by their podcast
(about an hour a day!).

Also CNBC-Europe may come on your CATV in the wee hours, and provides
tremendous macro-economic wisdom on US and world markets via calm and
in-depth discussions with senior professionals. Just the thing for you
to set the dial on your %equity decisions - allocation issues that
they do address. Nothing like the shrill and shallow frenzy on US
CNBC.

  #7  
Old 01-06-2008, 10:11 PM
BreadWithSpam@fractious.net
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Default Re: Low to Moderate budget Investor

FranksPlace2 <FranksPlace2[at]gmail.com> writes:

- quote -

> Every month I review the newsletters recommendations and make the
> appropriate trades. I work for my money; now it must work for me.


Thanks for posting those, Frank. I just printed out the
sample from one of them to look at. Some interesting
long-term results. I'd like to see more details about
how their volatilities have been along the way, but
some interesting stuff anyway.

(My money and I are a team - we're both still working...)


--
Plain Bread alone for e-mail, thanks. The rest gets trashed.
No HTML in E-Mail! -- http://www.expita.com/nomime.html
Are you posting responses that are easy for others to follow?
http://www.greenend.org.uk/rjk/2000/06/14/quoting

  #6  
Old 01-05-2008, 04:26 PM
FranksPlace2
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Default Re: Low to Moderate budget Investor

On Jan 4, 3:17*pm, BreadWithS...[at]fractious.net wrote:
- quote -

> FranksPlace2 <FranksPla...[at]gmail.com> writes:
> > I agree with what you say but I hope you are not confusing magazines
> > with investment newsletters. *The latter generally have several model

> Nope - the OP asked for "magazine, website or publication" and
> I just got in my 0.02 about the magazines. *Which is not to say
> that I don't *read* several. *...
> [Newsletters]
> > The two I subscribe to work well for me. *I don't subscribe to any
> > magazines.

> Care to share which ones? *(just curious) *How timely
> do you get the data from them and how closely are you
> able to mimic the portfolios?

I just do Mutual Funds and ETFs.

For my Income and Growth & Income, I follow Fidelity Monitor model
portfolios. Typically I might have 1 trade every three months. I
have done this for about 20 years.

For Growth, I follow NoLoadFundX Monthly Upgrader Portfolio. Trades
run one or two a month. This one I have followed for about 6 years.
2007 return was 18.2% vs 5.4% for S&P 500.

My agressive portfolio relies on Fidelity Select MFs (sectors)
selected via the NoLoad Fundx ranking system. 2007 return is about
30%.

Every month I review the newsletters recommendations and make the
appropriate trades. I work for my money; now it must work for me.

Frank

  #5  
Old 01-04-2008, 08:17 PM
BreadWithSpam@fractious.net
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Posts: n/a
Default Re: Low to Moderate budget Investor

FranksPlace2 <FranksPlace2[at]gmail.com> writes:

- quote -

> I agree with what you say but I hope you are not confusing magazines
> with investment newsletters. The latter generally have several model


Nope - the OP asked for "magazine, website or publication" and
I just got in my 0.02 about the magazines. Which is not to say
that I don't *read* several. But I know better than to just
follow their "top ten of the month" crappola. (OTOH, I have
gotten a couple of good ideas from them over the years, but
overall, I count them mainly as mild entertainment and/or
subway reading. I miss Paul Sturm's Stockscreen column
in Smartmoney, though Jack Hough's column is okay, for
example).

[Newsletters]
- quote -

> The two I subscribe to work well for me. I don't subscribe to any
> magazines.


Care to share which ones? (just curious) How timely
do you get the data from them and how closely are you
able to mimic the portfolios?

Are the portfolios typically all individual stock or
are they ETFs/funds?

Anyway, my point was that most folks (especially "low to
moderate budget investors") won't need to spend much
time on portfolio management and often can get a perfectly
adequate portfolio very very easily - they usually have
bigger issues and places to add value to their finances
than from security selection (in fact, often do much
better by *not* engaging in active portfolio management
much beyond simple periodic rebalancing).

I suppose I didn't answer the OP's question too well,
rather I meant to explain why I don't think
it was necessarily the right question. Hopefully, the
OP will let us know what's going on and we can offer
him or her more targeted advice.

--
Plain Bread alone for e-mail, thanks. The rest gets trashed.
No HTML in E-Mail! -- http://www.expita.com/nomime.html
Are you posting responses that are easy for others to follow?
http://www.greenend.org.uk/rjk/2000/06/14/quoting

  #4  
Old 01-04-2008, 02:54 PM
FranksPlace2
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Posts: n/a
Default Re: Low to Moderate budget Investor

Hi Bread,

I agree with what you say but I hope you are not confusing magazines
with investment newsletters. The latter generally have several model
portfolios, have periodic recommended exchanges and report their
performance on a ongoing basis. Moreover they are ranked by
performance by the Hulbert newsletter. They do not carry
advertising.

The two I subscribe to work well for me. I don't subscribe to any
magazines.

Frank

On Jan 3, 1:36*pm, BreadWithS...[at]fractious.net wrote:
- quote -

> FranksPlace2 <FranksPla...[at]gmail.com> writes:
> > On Jan 2, 4:18*am, Artificer <eliezerfigue...[at]gmail.com> wrote:
> > > Anybody could please recommend me a magazine, web site or regular
> > > publication that provides strategically information (costs,
> > > suggestions, opportunities, dangers, etc) for investors with small
> > > or moderate capital.

> > The trouble with most magazines is they tell you what to buy but not
> > when to sell. *Go to the public library and read some investing news

> Magazines top priorities are selling ads and, in order to
> keep doing so, keeping readers. *Some do a pretty good
> job of trying to offer useful and timely advice, too,
> but that's not their first priority.

...
> --
> Plain Bread alone for e-mail, thanks. *The rest gets trashed.
> No HTML in E-Mail! -- * *http://www.expita.com/nomime.html
> Are you posting responses that are easy for others to follow?
> * *http://www.greenend.org.uk/rjk/2000/06/14/quoting


  #3  
Old 01-04-2008, 09:09 AM
Artificer
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Default Re: Low to Moderate budget Investor

Thanks!

  #2  
Old 01-03-2008, 06:36 PM
BreadWithSpam@fractious.net
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Default Re: Low to Moderate budget Investor

FranksPlace2 <FranksPlace2[at]gmail.com> writes:
- quote -

> On Jan 2, 4:18*am, Artificer <eliezerfigue...[at]gmail.com> wrote:

> > Anybody could please recommend me a magazine, web site or regular
> > publication that provides strategically information (costs,
> > suggestions, opportunities, dangers, etc) for investors with small
> > or moderate capital.


> The trouble with most magazines is they tell you what to buy but not
> when to sell. Go to the public library and read some investing news


Magazines top priorities are selling ads and, in order to
keep doing so, keeping readers. Some do a pretty good
job of trying to offer useful and timely advice, too,
but that's not their first priority.

Before I suggest one (and I will), I recommend that you
read Personal Finance for Dummies by Eric Tyson. It's
an easy read, very well written and covers an enormous
amount of ground pretty well, including building simple
portfolios with low-cost no-load mutual funds, but also
addressing other issues (ie. pay off your credit card!)

Managing your financial life from magazines - with their
"what to do in 2008!" and "10 hot stocks for this and that"
is a losing game. Some of that stuff is fun to read and
even sometimes interesting and eductional and entertaining,
but what most folks really need to do is figure out
where they are (personal balance sheet), figure out
where they want to be, figure out where money's coming
from and where it's going, and, generally, invest in a
diversified but *simple* portfolio with appropriate
asset allocations which reflect their risk tolerance
and their goals. Most folks just don't need to be
spending a lot of time managing their portfolios -
once it's set up decently, people usually add a lot
more value by doing other things.

For most investors, this doesn't require any "top X for
the next X!" sensational stories.

There are some excellent sample portfolios and
related articles over at Merriman's Fund Advice site:
http://www.fundadvice.com

Most of their suggested portfolios require something
on the order of 12 or 13 funds to replicate, which
is very difficult to do unless you've got a substantial
amount to invest. Until you accumulate that much,
you can actually get much of the benefits of such
portfolios from a simple buy-and-hold asset allocation
portfolio made of as few as one (ie. via "target" or
"balanced") funds or two or three if you want to fine-
tune just a little bit more. (ie. a total US stock
index, an international index, and a bond fund)

Some more interesting reading on simple set-it-and-forget-it
kinds of portfolios may be found in Paul Farrell's
columns about "lazy portfolios" - including his
so-called "Margaritaville Portfolio" (from Scott Burns)
which is, in fact, just three index funds, and his
"second-grader's starter portfolio" (which is quite
similar, but more aggressive at 90% equity 10% bonds).

Anyway, and very seriously, my first suggestion is
Eric Tyson's book.

If you really want a monthly magazine, I rather like
Kiplinger's. It's got some of the standard "Do This Now!"
stuff, but not too much of it. And it's got some of
the "check out these stocks!" stuff, too. But it's
also got a good measure of the normal "real people's
portfolio" and "here's a long-term plan" stuff (much
of which really doesn't change over the years), as well
as a nice bit of general consumer information and
things like the current issue's article about great
deals in public universities.

But really, read Personal Finance for Dummies and -
here's the real golden tip from this over-long note -
read and ask questions here in misc.invest.financial-plan.
There are some very bright folks hereabouts who are
very generous with their time and thoughts. (thanks, folks!)


--
Plain Bread alone for e-mail, thanks. The rest gets trashed.
No HTML in E-Mail! -- http://www.expita.com/nomime.html
Are you posting responses that are easy for others to follow?
http://www.greenend.org.uk/rjk/2000/06/14/quoting

  #1  
Old 01-03-2008, 01:13 PM
FranksPlace2
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Posts: n/a
Default Re: Low to Moderate budget Investor

On Jan 2, 4:18*am, Artificer <eliezerfigue...[at]gmail.com> wrote:
- quote -

> Anybody could please recommend me a magazine, web site or regular
> publication that provides strategically information (costs,
> suggestions, opportunities, dangers, etc) for investors with small or
> moderate capital.


The trouble with most magazines is they tell you what to buy but not
when to sell. Go to the public library and read some investing news
letters such as NoloadFundx. Pick 2 or 3 moderate funds. Go back to
the library every couple of months to see if your funds are still
recommended.

Or just buy index funds.

Frank

 
Old 01-02-2008, 12:25 PM
David
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Default Re: Low to Moderate budget Investor

In article
<60359fd4-ea5f-456a-9c75-806c24a64676[at]p69g2000hsa.googlegroups.com> ,
Artificer <eliezerfigueroa[at]gmail.com> wrote:

- quote -

> Anybody could please recommend me a magazine, web site or regular
> publication that provides strategically information (costs,
> suggestions, opportunities, dangers, etc) for investors with small or
> moderate capital.


http://money.cnn.com/

http://www.investopedia.com/

--
I do the best I can, but I could be wrong.
please post reply to newsgroup.
David, Williamsport, PA. USA.
http://mysite.verizon.net/vzev1hs3/

  #-1  
Old 01-02-2008, 09:18 AM
Artificer
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Posts: n/a
Default Low to Moderate budget Investor

Anybody could please recommend me a magazine, web site or regular
publication that provides strategically information (costs,
suggestions, opportunities, dangers, etc) for investors with small or
moderate capital.

 

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budget, investor, low, moderate
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