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Re:Further analysis reveals.... -- Phil from AZ, 14:12:48 08/09/07 Thu [1] (71-223-15-110.phnx.qwest.net/71.223.15.110)
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Phil, Faith Based Funds........ -- Neysa, 15:59:48 08/09/07 Thu [1] (user-2inikc0.dialup.mindspring.com/165.121.81.128)
What is your opinion about Faith Based Funds ? You seem to know a lot about stocks. The ones you mentioned are all individual stocks. I am asking about mutual funds.
I know that there is a Catholic fund called, Ave Maria Funds.
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Re: My opinion is... -- Phil from AZ, 16:44:39 08/09/07 Thu [1] (71-223-15-110.phnx.qwest.net/71.223.15.110)
...that they are strong on faith and poor in performance. I found only 1 glowing review for Ave Maria Fund. Every1 else rates it as an avg fund in the category. Given that Faith Based Funds are generally laggards to the mkt, that is not very encouraging.
I discvrd something striking abt the stock mkt some yrs ago. Did you know that there are more mutual funds (MFs) than stocks that trade on the mkt? Given today's liquidity, when you limit yourself to a narrow strategy its kind of like the dealer taking all the aces and face cards out of deck when he deals your poker hand. Your chances of doing well are very poor, right?
In fact, I recommend a fund that offers as many oppor'ties as possible. That increases your chances for success over the long-term. In time, as your knowledge of the mkt icnreases, you may wish to get into technology, health care or defense/aerospace fund(s)...depending on the mkt and your knowledge of the category. E.g.I bought an aerospace/defense fund after 9/11...and it has soared!
Keep in mind, that this is just an opinion, albeit, I believe an informed one. Hope I answered your question Neysa. Take care, God Bless,
Phil from arid AZ
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Thanks, Phil ! -- Neysa, 18:11:54 08/09/07 Thu [1] (user-38lci8m.dialup.mindspring.com/209.86.73.22)
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Re: You're welcome Neysa! -- Phil, 23:04:20 08/09/07 Thu [1] (71-223-15-110.phnx.qwest.net/71.223.15.110)
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