Sheldon Jacobs
Sheldon Jacobs
following investing people rule totally
The people that are still in (the Steadman funds) just are totally unaware. They are not following their investments, and that's the first rule of investing -- to follow it.
classic fantastic
What we went through is a classic bubble. I don't think 2001 is going to be a fantastic year.
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.
company fund groups hands larger research
The larger fund groups all have research analysts. You can't just take what the company hands you.
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.
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.
fund heavy technology
Any fund that's heavy in technology has not done well.
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.
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.
behind fast grow marketing
They're not going to grow as fast as Janus (funds) would because there's no marketing behind it.
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.
balanced buys fund stocks together
A balanced fund buys stocks and bonds, and when you put the two together it reduces volatility,
factor overall paid taxes
They say 'Most of the shareholders are in IRAs' and taxes aren't a factor in IRAs, ... They say 'I'm being paid on overall performance.'