Sheldon Jacobs
Sheldon Jacobs
house money quite saving
A young person who doesn't need the money for years and years can be quite aggressive. If they're saving for a house they should probably be more conservative.
fund heavy technology
Any fund that's heavy in technology has not done well.
aggressive assets funds growth people percent plenty
There are plenty of funds that have between 25 and 33 percent of their assets in techs. Most people would be better off with that kind of aggressive growth fund,
convenient fund groups money move phone spread
If you want to spread your money around different fund groups this is a convenient way to do it. And if you want to move money from one fund into another, it's just one phone call.
fourth last losers numbers three turnaround winners worse
The numbers would have been a lot worse if it weren't for the turnaround in the last three months. The real losers of 2001 were big winners in the fourth quarter.
buy fairly risky stocks
It's a fairly risky fund, but if you want to buy the stocks of the Nasdaq 100, that's a way to do it.
favor odds tend
These things tend to be done out of weakness. I would tend to think the odds are in favor of these moves.
balanced buys fund stocks together
A balanced fund buys stocks and bonds, and when you put the two together it reduces volatility,
company fund groups hands larger research
The larger fund groups all have research analysts. You can't just take what the company hands you.
behind fast grow marketing
They're not going to grow as fast as Janus (funds) would because there's no marketing behind it.
determined efficient fund managing market niche performance rather
The market is so efficient that the performance of a fund is determined by the niche it's in rather than who's managing it,
bear growth invest market ride standard
If you have a long-term horizon, ... you can ride out any bear market and invest in standard growth funds.
commend earning life stage
If you're in your 20s, then you can be pretty aggressive, ... But if you're in the stage of life where you don't have many earning years left, there's a lot to commend in this portfolio.
care good managers market trend wrong
Managers aren't doing the wrong things - the market has changed. I don't care how good a manager is - if the trend changes, he's going to look bad.