Stock Markets Exposed

I have been trading stocks a little over a year now and I have broke even, I want to buy these 2 funds and >

and leave them alone. I have eeb as an etf but I will purchase (IDSLX and IDGEX) any advice. Tired of trading. thanks AJ your site is in arab

Public Comments

  1. You are doin great to break even over the last two dismal years.
  2. my friend....contact me at my blog k. if u r s serious investor.....maybe i can help u with your money. www.gbp-usd.blogspot.com
  3. IDSLX - Mediocre new fund, high expense ratio IDGEX - Same as above You're picking new funds (a general "not a good idea"), with high costs........ with all the good funds out there.... why go after these (ING is not know for having good funds)........ Morningstar has not even rated these funds. You've been trading for over a year & you're breaking even! You're doing much better than most Mutual Funds. I keep 70% of my portfolio in Mutual Funds and ETF's with an "asset allocation" that suits me. I pay $160 a year for Morningstar..... it stops me from buying funds like ING. If you want a simple way out..... Go to T.Rowe Price and buy a "target fund". You have a natural gift if you've been able not to lose money this past year. Have you been "winging it" or are you educating yourself???????? Some reading suggestions; Mutual Funds For Dummy's Trading In the Zone, Mark Douglas Mastering The Trade, John Carter Great web sites for traders; http://www.alphatrends.net/ http://www.thekirkreport.com/ http://www.slopeofhope.com/ http://www.optionaddict.net/ https://www.thinkorswim.com/tos/displayPage.tos?webpage=onlineSeminar
  4. After looking at the chart for ING Direct Strategic Allocation (IDSLX) I think I see your problem. This thing is doing nothing but fall. The Global Equity Dividend (IDGEX) fund isn't doing any better but looks worse to me. Let me suggest that you leave your cash parked and watch for when these start to turn around. Fortis, Vevendi, Total, etc. are all good companies, but the market is against them right now and if it is against them, then it is against this fund that holds them. Since they are falling, let them fall, and catch them on the bounce (they are too good to stay down). It will save you a lot of grief, okay?
  5. neither IDSLX nor IDGEX has much of a track record. Kind of difficult to determine whether or not they will be well managed. Their expense ratios although not abnormally high are higher than similar well managed funds such as PRWCX which is similar to IDSLX but with a much lower expense ratio and a track record. PRGSX is somewhat similar to IDGEX also with a lower expense ratio and an excellent track record. EEB is an ok investment but you certainly do not want to put too large a portion of your assets into it, too risky. Maybe 20% max.
  6. Buy and hold in a bear market is NOT a smart thing to do. I suggest you read Invest Like a Shark. Excellent book, right up there with reminiscense of a stock operator.
  7. Take a look at Henderson European Focus Sym (HFECX). The fund shows a 10,000 investment it has grown to 47,000 in the last 4 years.
  8. This is the type of question that will get you 1000 different answers, with 1000 different links. Myself, I prefer using the program called "Marl"...it's a stock trading robot (yes, really..don't laugh) that does the trading for me, based on how I set it up. Using an initial investment of $1000 I made about $350.00 a week with it..usually while i'm sleeping which is rather nice too. Now that I've made money, I've invested alot more...and lets just say, the money is nice. :) Anyways, if you do want to check it out, There is an article here: http://www.squidoo.com/Stock-Trading-For-Dummies I hope this helps Jeff
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