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EXAMPLE OF ONE EXCELLENT FUND PROFILED: The fund's name, mailing address, toll free number, and website URL are given here. Next the guide mentions the fund has "No sales load or 12b-1 fees, but a 2% fee of any amount redeemed within 60 days of purchase." Next: "Fund type:...'s advisor buys growth companies it believes have above average growth potential in both revenues and earnings. It may purchase securities of any market capitalization." Next: "Of notable interest:...Management Company, the investment advisor, has managed funds through thick and thin for over 20 years. In other words, the manager's no fool, as shown by his exemplary long term record." "Publicly verifiable performance date for...Fund: 5 years--15.40% vs. 6.61% for the Russell 2000 Index; 10 years--14.52% vs. 11.54% for the Russell 2000 Index. Since the 8/01/04 inception date--14.60% vs. 11.70% for the Russell 2000 Index." "Minimum initial investment: $1,000. Minimum subsequent investment: $50." "Minimum initial IRA investment: $1,000. Minimum subsequent IRA investment: $50." For the sixteen years ending in 2006 Fund A, profiled in detail on page 69 of the Guide, grew $10,000 to over $73,000. Meanwhile over that same period, $10,000 increased to just over $59,000 in the S & P 500 Index. For the ten years ending in 2006, Fund B, profiled in detail on page 73 of the Guide, grew to almost $32,000. Meanwhile over that same period, $10,000 increased to just over $22,000 in the S & P 500 Index. For the quarter just ended, Steve's own portfolio increased 4%. Like this website, THE BEGINNER'S GUIDE is simple and straightforward. Though Steve Haberman was briefly a stockbroker decades ago, after graduating from the University of Texas, he has no connection with Wall Street. The views in the unbiased GUIDE are simply those of a private investor with over thirty years experience, buying long-term, through good and bad times. And making money at it. Investing in no-load funds let him escape the rat race early in life; he hasn't worked full time since the 1970's. Furthermore investing in low cost funds has allowed him to tour Europe over eleven times, at times for several months. And also provided time to write the favorably reviewed Murder Without Pity, the first of several mysteries to occur partly or entirely in Paris. |