The year 2008 is going from bad to worse. Just today alone i lost about $2K from my investment. I had invested in vhgex starting early 2006 @21.98. today (early 2008) it is at 21.00. In fact the 52 week high and low gives you a picture of the roller coaster. between $20.58 to $27.78. but i am not really worried. Today i decided to invest another $1400 into the fund. I am for the long run...and i sure dont mind the roller coaster ride.
Showing posts with label mutual funds. Show all posts
Showing posts with label mutual funds. Show all posts
Tuesday, February 05, 2008
Monday, January 21, 2008
Time to buy mutual funds?
As a general rule, I think when the market is down, it is a good time to invest in the index mutual funds. Since these funds track the overall market, buying the fund during recession gives you a chance to invest in the sector the index fund is tracking. Investing in stocks during recession is harder as such decision really depends on the condition of the company more than the condition of the sector. Hence towards the end of this year (by which time i think recession would have had a painful effect), i plan to increase my investment into the index mutual funds.
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