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Re: [RT] Approaches for 'Non-Trading' Portions of Portfolio



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Hello Michael,

My situation is similar to yours.  My long term investments are based
on a Fidelity sector fund switching system developed by Nelson
Freeburg in his Formula Reserch newletter.  The reports (4) can be purchased form him for
~$125--excellent research spanning 25 years.  Easy to follow with once
a week review.  Returns are 20+% per year over the 25 years with less
drawdown than SP500.  Core is to always be in the fund with the
greatest 15 day price change and exit it when it falls out of the top
25% of Fidelity sector funds (actually only the 33 of them that go
back to '88.


Best regards,
 Jim Johnson                           mailto:jejohn@xxxxxxxxxxx

-- 
Thursday, August 22, 2002, 4:29:54 PM, you wrote:

MT> Hello, everyone.

MT> I would like to hear how list members manage their non-trading investment
MT> assets.

MT> Here is why I ask:  Given my trading experience to date (close to 4 years of
MT> sometimes expensive learning curve, only now beginning to approach
MT> consistent, positive results), I choose to make my trading account the
MT> smallest part of my portfolio--currently less than 5%.  I have gravitated to
MT> trading only one instrument--the NQ's--in a very short time frame, and given
MT> that I concentrate my attention there, I am reluctant to personally trade
MT> the more conservative, long-term parts of my portfolio as well (this seems
MT> like a totally different animal, and one where I would choose not to endure
MT> another learning curve).  Yet, given my 'trader mind-set', I have not found
MT> anywhere I feel philosophically comfortable investing my non-trading
MT> assets--either their track record of returns seems unspectacular (10-12%),
MT> or they seem to have no concept that knowing when to buy or sell is
MT> important.  Further, in my attempts to invest these aspects or my portfolio,
MT> I have been burned badly by fraud and blind buy-and-hold (so I guess I have
MT> experienced an expensive learning curve anyway).

MT> Do list members find it easy to trade short- and long-term/conservative
MT> accounts (and if so, how you do you effectively 'serve two masters')?  For
MT> those who don't, what do you do?

MT> THANK YOU FOR SHARING YOUR VIEWS AND EXPERIENCE.

MT> Michael



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