Thursday, July 26, 2007
Mutual Fund PSPFX: Sold
This fund used to be a 5 star but started underperforming. For the past 2 years the performance has lagged its category of Natural Resources. It was strong earlier. SOLD.
EMRCX, GGNCX Funds Purchased
After many screenings I came up with these:
VAN ECK EMERGING MARKETS C (EMRCX)
What I liked was a) consistently outperforming the category (Diversified Emerging Markets), consistently outperforming the general Index, low risk, 5 star Morningstar Rating.
The downsides are a higher than category expense ratio, and an early redemption fee 1% (for < 1 year hold). Initial investment is $1000.
The 1 year return is 54%!
Average Annual Returns as of 6/30/2007
1 Year
3 Year
5 Year
Since Inception
EMRCX
54.71
42.63
--
34.46
Category
44.13
36.49
28.57
--
Index
27.00
22.24
17.73
11.00
NATIONWIDE GLOBAL NATURAL RESOURCES C (GGNCX)
Natural Resources sector fund.
What I liked was a) consistently outperforming the category (Natural Resources), consistently outperforming the general Index, low volatility, medium-low risk, and of course a 5 star Morningstar Rating.
Some loads and fees apply, 2% 90 day early withdrawl and 1% fee for less than 1 year hold.
The one year return is 25%, with low risk.
Average Annual Returns as of 6/30/2007
1 Year
3 Year
5 Year
Since Inception
GGNCX
25.74
41.89
--
42.25
Category
15.42
28.28
23.60
--
Index
20.59
11.68
10.71
11.53
VAN ECK EMERGING MARKETS C (EMRCX)
What I liked was a) consistently outperforming the category (Diversified Emerging Markets), consistently outperforming the general Index, low risk, 5 star Morningstar Rating.
The downsides are a higher than category expense ratio, and an early redemption fee 1% (for < 1 year hold). Initial investment is $1000.
The 1 year return is 54%!
Average Annual Returns as of 6/30/2007
1 Year
3 Year
5 Year
Since Inception
EMRCX
54.71
42.63
--
34.46
Category
44.13
36.49
28.57
--
Index
27.00
22.24
17.73
11.00
NATIONWIDE GLOBAL NATURAL RESOURCES C (GGNCX)
Natural Resources sector fund.
What I liked was a) consistently outperforming the category (Natural Resources), consistently outperforming the general Index, low volatility, medium-low risk, and of course a 5 star Morningstar Rating.
Some loads and fees apply, 2% 90 day early withdrawl and 1% fee for less than 1 year hold.
The one year return is 25%, with low risk.
Average Annual Returns as of 6/30/2007
1 Year
3 Year
5 Year
Since Inception
GGNCX
25.74
41.89
--
42.25
Category
15.42
28.28
23.60
--
Index
20.59
11.68
10.71
11.53
Wednesday, July 25, 2007
$30,000 LOAN FORGIVENESS PROGRAM FROM MISSISSIPPI
From Janet Morano:
The state has given final approval of the program. I have copies of the 8 page application. 2 years landlording experience is required. If you are interested in this, please contact me. Houses are priced at $139,900 and will go up August 1st. These are located in Bay St. Louis. Rents for 4 bedroom are $740, insurance is about $2000 per year. This area is number 6 in the nation for appreciation at 15% 1Q07. This is "work force" housing and is not for the inexperienced investor.
Sent By:
Home and Income Realty
11928 Sheldon Rd. #106
Tampa FL 33626U.S.A.
The state has given final approval of the program. I have copies of the 8 page application. 2 years landlording experience is required. If you are interested in this, please contact me. Houses are priced at $139,900 and will go up August 1st. These are located in Bay St. Louis. Rents for 4 bedroom are $740, insurance is about $2000 per year. This area is number 6 in the nation for appreciation at 15% 1Q07. This is "work force" housing and is not for the inexperienced investor.
Sent By:
Home and Income Realty
11928 Sheldon Rd. #106
Tampa FL 33626U.S.A.
Tuesday, July 24, 2007
Monday, July 23, 2007
iShares S&P Latin America 40 Index (ILF)
iShares MSCI Brazil Index (EWZ)
iShares MSCI South Africa Index (EZA)
5 Star Mutual Funds - New Picks
I've been checking out some mutual funds and a few select individual stocks to invest in. Here are some of the ones I've identified for further research. Let me know your thoughts after checking them out:
VHGEX
PRMTX
PRLAX
QFFOX
PRMSX
I am not sold on any of them quite yet. Not all of them have been beating their sector perfomances for annulaized 10 year returns by much. However, most of the 10 year annualized returns are 20% or greater.
I decided to sell my U.S. RE mutual fund today. Although international RE is doing well, the US market will be down for another 3-4 years.
"Sell order for AIGYX has been executed"
VHGEX
PRMTX
PRLAX
QFFOX
PRMSX
I am not sold on any of them quite yet. Not all of them have been beating their sector perfomances for annulaized 10 year returns by much. However, most of the 10 year annualized returns are 20% or greater.
I decided to sell my U.S. RE mutual fund today. Although international RE is doing well, the US market will be down for another 3-4 years.
"Sell order for AIGYX has been executed"
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