Why Change Funds?

On November 17 I bought 7 different mutual funds and went to a 100% invested position. One of the funds I bought was Robertson Stevens Information Age (RSIFX) and it has made money as have the other six.

My readers know I don't recommend buying individual issues. Instead I let the best minds on Wall Street pick stocks for me. Yes, they have nice 6-figure incomes, but I can afford them because they do it for free. These market mavens are the managers of the best performing mutual funds. By best performing I mean they have increased share value more than 99% of all other mutual funds and there are 8,500 funds.

When I say "free" it means I don't pay any commission for their service. All I ever buy are the no-load (no commission) funds. Never pay commission for any mutual fund because there is no correlation showing that paying commission brings better results.

Back to RSIFX. On Feb 7, I noticed that RSIFX started to fall out of the top performance funds. The beginning of each month I review my funds to see if there is any need for a change; it takes me about 10 minutes.

Immediately I called my discount broker and placed an order to sell all shares of RSIFX and to put those funds into PBHG Select Equity (PBHEX) fund that was performing better. Good old RSIFX made me 34% which wasn't too bad for about 2 1/2 months, but it wasn't keeping up with the pack.

What happened? From February 7 to February 25 RSIFX went up 2%, but PBHEX went up 10%. That's 8 full percentage points over just 2 1/2 weeks which is a lot of money for a short period of time.

There is another plus when you use a discount broker. I paid zero, nada, nothing, not one penny commission for either the sale or purchase of either fund.

If you want to retire rich, well-to-do or comfortable you must watch your funds on a regular basis and make changes so you are always in the best performing funds at all times.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

1-888-345-7870; al@mutualfundstrategy.com

---

Investing Basics - Stocks, Mutual Funds, Real Estate & Online Investing

Have you ever thought of investing? Do you have a... Read More

365/7/24

What does it take to be a stock trader? It... Read More

The 401(K): How The Insider Has Stolen Your Retirement!

Mutual funds were moderately successful in creating a presence in... Read More

Why This Bear?

People are constantly asking me why is the stock market... Read More

The Secret Method to Selecting a Winning Trading System

Every successful trader has a winning system. There are of... Read More

Cash Is A Position

I go to the Money Show every year to visit... Read More

Price to Earnings Ratio - P/E

After finding the price of a particular stock, usually the... Read More

Lemmings Are Gathering

Before they go over the cliff to their destruction these... Read More

What is the Most Important Indicator of All?

Most stock market traders have a favorite technical indicator.The one... Read More

Why Investors Use Financial Planners

Do you have a financial planner? Does one of your... Read More

Living Trust Investing: Income Considerations when the Grantor Dies

A common problem I often see when working with living... Read More

The Right Mutual Funds For Baby Boomers

If you are a baby boomer, time is not on... Read More

Buying Mutual Funds

It looks like the market is ready to start up... Read More

Peer Groups

Whenever I see mutual fund comparisons in the trade publications... Read More

Getting Even

I know there are a lot of you out there... Read More

Trading For A Living

How many times have you said to yourself, "I'd like... Read More

The Holy Grail (of Investment)

Every year I go to the Money Show in Orlando,... Read More

Dont Lose All Your Money

That sounds like good advice doesn't it? Don't lose all... Read More

The Three Little Pigs Went to the Stock Market

Three little pigs went to the market to stock up... Read More

A Stock Market Investment Plan that Never Lets You Down

The bulls and bears of the stock market are both... Read More

Keep Your Profits

It looks like we have now entered a new bull... Read More

Boiler Room 7/17/00

On Friday or Saturday evening my wife gets a movie... Read More

The Stock Market - How Just One Question Will Tell You All You Need To Know About Your Stock Broker

Last time we looked at the real performance of the... Read More

Mutual Fund Expense Lies

When purchasing mutual funds we are cautioned to read the... Read More

Dividends

When is a dividend not a dividend?The latest thing "conservative"... Read More

True Investment Road Maps

If you don't know where you are going any road... Read More

Protectionism

First let's see what protectionism is. According to Mr. Webster... Read More

3 Components Needed for Beating the Market

Time to look back2004 is over, now we are in... Read More

Protect Your 401K

Checked your 401K lately? Going back to about a year... Read More

Stock and Fund Dividends

When is a dividend not a dividend?The latest thing "conservative"... Read More

Pension Plans

If you have a pension plan at work you will... Read More

Mutual Fund Honor Roll ? Buy High, Sell Low by Chasing Performance

Buy high and sell low -- It's not a typo.Millions... Read More

Gold Fever

Right now there doesn't seem to be any "gold fever".... Read More