I currently hold approx. $54000 in AEPGX AGTHX ANWPX CWGIX ANCFX AIVSX CAIBX PEGBX FSGCX and enjoy lost around $4000 in the second four weeks alone in this flea market. Is it time to start thinking about getting out, and hedging my bets contained by something less volatile, or do you surmise this market will correct itself?
Answers: From the size and mixed bag of your portfolio, I expect it has taken you some years to put it together. If you bail out and it is not an IRA narrative you will be on the hook for taxes plus you will have lost the up front sale charge you paid to return with in contained by the first place. I know thing are unpromising. I can see it in my portfolio also. I agree I have be selling a few things but on balance I enjoy bought much more than I have sold.
The prehistoric saying on Wall Street is that when the blood is flowing within the streets, it is time to buy. This may be just rather soon to buy but it is difficult to know exactly when that time comes. I would be sorely tempted to attach to AEPGX at this point. But why is it you do not have a money bazaar fund? You should and it should contain about 10% to 20% of your investments. It is times resembling now when those funds would come within very handy.
If at hand is money to be pulled out, in my mode of thinking it would be the money in FSGCX. With inflation running at 6% and primed to go to 10% explicitly the money I would save.
What is your investment time frame? You haven't "lost" until you trade when the funds are down. If you've got years to run, hang within there. This is a buying opportunity..why grasp out when it is down? Equity funds are not savings accounts and the marketplace will do better. Hang in at hand.
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Answers: From the size and mixed bag of your portfolio, I expect it has taken you some years to put it together. If you bail out and it is not an IRA narrative you will be on the hook for taxes plus you will have lost the up front sale charge you paid to return with in contained by the first place. I know thing are unpromising. I can see it in my portfolio also. I agree I have be selling a few things but on balance I enjoy bought much more than I have sold.
The prehistoric saying on Wall Street is that when the blood is flowing within the streets, it is time to buy. This may be just rather soon to buy but it is difficult to know exactly when that time comes. I would be sorely tempted to attach to AEPGX at this point. But why is it you do not have a money bazaar fund? You should and it should contain about 10% to 20% of your investments. It is times resembling now when those funds would come within very handy.
If at hand is money to be pulled out, in my mode of thinking it would be the money in FSGCX. With inflation running at 6% and primed to go to 10% explicitly the money I would save.
What is your investment time frame? You haven't "lost" until you trade when the funds are down. If you've got years to run, hang within there. This is a buying opportunity..why grasp out when it is down? Equity funds are not savings accounts and the marketplace will do better. Hang in at hand.
Resolved Questions: