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Hey, buy those regional banks/funds.......I promise a decent return on your investment
@Derf and @Gary l'm gonna watch 3 select etf's just to discover the forward. This link and returns should update every business day, and I will be watching the right side a few days at a time.
I've had regional bank fund JRBAX for about 18 months, and have vacillated back and forth on whether I have too many sector bets (health, tech, consumer staples, banking, medical devices) and each time I get close to thinking about reducing or selling , they seem to either rally or start to inch back up. I did sell my utilities, and of course they started to rally, but I was overweight in that sector anyway. As some of you know, I tend to take a barbell approach to my portfolio. Solid dividend growth, S + P 500 and E + I funds make up the largest part of portfolio, and sector funds and intl and emerging markets to fill in on the edges. Im 67% stocks, rest bond and cash, Been adding to emerging and global lately.
Think I will hold onto this fund and see what happens.
@Slick, what's that reg'l bank fund you mentioned? No hits on that ticker I can find except a pending listing for a JPM target retirement fund. I'm curious to see how an active oef (if that's what it is) is doing vs. an index ("modified equal weighted") like the etf KRE.
Comments
Probably not !
Derf
Smoke @ Bsh?t
I think I will rush out and use my income tax cut savings and buy up bank stocks - not.
l'm gonna watch 3 select etf's just to discover the forward. This link and returns should update every business day, and I will be watching the right side a few days at a time.
http://stockcharts.com/freecharts/perf.php?KRE,KBWR,IAT&n=200&O=011000
Think I will hold onto this fund and see what happens.