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

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.

Monday, July 23, 2007

iShares MSCI Mexico Index (EWW), BLDRS Emerging Markets 50 ADR Index (ADRE)



BLDRS Emerging Markets 50 ADR Index




iShares MSCI Mexico Index (EWW)

iShares S&P Latin America 40 Index (ILF)


Is this for real?! $40 to $250 in 4 years???

PERFORMANCE OVERVIEW

Year to Date Return (Mkt): 25.46%
1-Year Total Return (Mkt): 59.02%
3-Year Total Return (Mkt): 56.45%

iShares MSCI Brazil Index (EWZ)



iShares MSCI Brazil Index (EWZ)

PERFORMANCE OVERVIEW

Year to Date Return (Mkt): 31.10%
1-Year Total Return (Mkt): 60.26%
3-Year Total Return (Mkt): 64.23%

iShares MSCI South Africa Index (EZA)


Nice growth on the South African Exchange traded fund EZA. iShares MSCI South Africa Index.
"I visit every year and every year I'm surprised by how much it's changed from the previous year. The place is booming. " "I think the South African story is still in the introductory chapter. "

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"