http://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-september-21-2008/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-september-21-2008/#comment-44248 Sun Sun, 21 Sep 2008 21:12:15 +0000 http://www.thesunsfinancialdiary.com/?p=2563#comment-44248 It's true that investing based on what magazines are saying is not a good strategy. However, if you believe the fund manager can manage the fund to deliver returns for investors the long term (the track record), then a short-term setback isn't as bad as it appears. In my opinion, it will be fool for people to buy the fund when it appeared on the front page of magazines then abandon it when the performance suffers because the correction in the energy sector. I have been owning this fund for more than 7 years, well before oil became the hottest commodity, and I am quite happy with what this fund has done so far. It’s true that investing based on what magazines are saying is not a good strategy. However, if you believe the fund manager can manage the fund to deliver returns for investors the long term (the track record), then a short-term setback isn’t as bad as it appears. In my opinion, it will be fool for people to buy the fund when it appeared on the front page of magazines then abandon it when the performance suffers because the correction in the energy sector. I have been owning this fund for more than 7 years, well before oil became the hottest commodity, and I am quite happy with what this fund has done so far.

]]> http://www.thesunsfinancialdiary.com/pf-blogoshpere/weekend-linkage-september-21-2008/#comment-44247 No Debt Plan Sun, 21 Sep 2008 20:51:13 +0000 http://www.thesunsfinancialdiary.com/?p=2563#comment-44247 I'm not saying CGM didn't have a track record, but I am saying that chasing big returns that hit the front page of magazines is a poor investing strategy. I’m not saying CGM didn’t have a track record, but I am saying that chasing big returns that hit the front page of magazines is a poor investing strategy.

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