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Mutual Fund Recommendations=================== Recommendation # 1 =================== This mutual fund has a very impressive track record. Since its inception in 1999, it has had only one losing year, a modest 1.58% loss in 2002. The past 5-year average rate of return is 18.23%. This fund seeks long-term growth of capital by investing primarily in equity securites of public companies, including but not limited to common stocks, partnership interests, business trust shares and convertible securities. Performance since year 2000: 2000 +46.54% 2001 +6.18% 2002 -1.58% 2003 +23.96% 2004 +24.93% 2005 +13.74% 2006 +9.05% 2007 +12.35% The 2007 return is very impressive if you consider how turbulent the second half of the year was. It holds a focused portfolio of no more than 25 equity securities. This is a no-load fund with a 1% management fee. The track record of this fund is fantastic and it shows no signs of letting up. =============================== Mutual Fund: Fairholme Fund Symbol: FAIRX =============================== Disclaimer: I am not a registered investment advisor. Everything on this website is my opinion and put her for the enjoyment of my readers. I do not recommend making financial decisions based upon my opinions. I advocate doing your own research and making an informed decision. All information put forth on this website was obtained freely via the internet, radio and television. I do not have any contracts or deals with any financial newsletter of any kind. Income generated from this site is done through advertisements. I will always let my reader know if I hold any position on a recommendation I make. =================================================================
================== Recommendation 2 ================== When I first became aware of this particular fund, I was pleasantly surprised. In the past 24 years, it has been down only 7 times, the worst year being -19.78%. It rose by 66.82% on its best year. The thing that impressed me the most, was the high-level of consistency. In the past 5 years, this fund has an average return of 25.82%. It is a no-load mutual fund that seeks long-term capital appreciation. It invests primarily in domestic common stocks and bonds, and "zero coupon" Government Bonds. It does have a small portion invested in foreign securities. The price per share is currently valued at $336. Do not let this deter you. The past track record indicates a solid management team. It currently has a dividend yield of 5.92%. Combine this with the strong possibility of capital appreciation, and you have a solid candidate for easy double-digit returns. Currently, it has a -5.13% return this year. The Dow Jones Industrial Average has fallen almost 9% in 2008. The market correction will provide an attractive entry point. A strong track record with generous returns, indicate that this Mutual Fund will probably continue to outperform the stock market. ============================== Mutual Fund: Bruce Fund Inc. Symbol: BRUFX ============================== Disclaimer: I am not a registered investment advisor. Everything on this website is my opinion and put her for the enjoyment of my readers. I do not recommend making financial decisions based upon my opinions. I advocate doing your own research and making an informed decision. All information put forth on this website was obtained freely via the internet, radio and television. I do not have any contracts or deals with any financial newsletter of any kind. Income generated from this site is done through advertisements. I will always let my reader know if I hold any position on a recommendation I make. ================================================================= Mutual Funds Watch List
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