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.
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 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.
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!