This fund is one to own at this time. It has been performing well YTD and is a real solid fund for the long haul. At 5.95% YTD it is outperforming many other similar funds. It is not out of the realm of possibility that it will hit $160 by year end.
Great then we'll be back to where we were. Can't sell it because of tax implications but it's been a rocky road but it's coming back i agree. Would've been a great buy @ $90 though.
I bought at 93 and holding my shares. Best fund out there as i see. If it hits 160 by year end i'll see a few shares but building a major nest egg with my avg price at 104.
Actually considering the 9% rate of inflation since 2007 the fund would have to be @ $174. to equal that $160. price.http://www.usinflationcalculator.com/As Will Rogers once said... "Bet on inflation. It's the only thing going up."Bet on it by owning some gold and silver.
I bought at 157.77 in 2007 waiting to break even(5 years ago).
You won't break even. You will lose more.Sell at your loss as I did in 2002. and at least have a decade of maximum tax write-offs.(I had many other stocks besides this fund and sold them all and bought gold and silver)I am up over 600% since and won't consider getting out of gold until the interest rates go dramatically higher as they did in 1980.Unless rates go much higher (they were 15+% in the early 1980's before gold started to decline) We are now below zero % in real terms!If rates go higher we drop into another Great Depression. Do you think "The Bernank" will allow that?Think!All dollar denominated assets are at risk.I have taken it upon myself to try and get through to as many people as I can before you are all bankrupt.I"m not being entirely altruistic but don't want to contend with roaming bands of starving angry citizens either.Wake up now!