Ugh, I am invested with AGTHX, AIVSX, AMECX, and AWSHX. The last few months have be awful! I get the feeling it's been awful for just about everyone but sometimes I just want to jump ship and cash out.
I know if I leave now then I lose but it's painful to watch my investiments! Can anybody offer advise?
I have had AIVSX,LICAX and LRSCX for a number of years. I have recently been buying into a REIT(RSO) which as grown 50% in just the few months I have had it and it pays almost 15%. And the CFO all but guarantees this dividend for the year. I'm about ready to bail out of these dogs. GIVE ME A REASON TO STAY.
I'm a buyer of AIVSX and CWGIX right now and expect 2010 to be a good year for the markets. When I get spooked on my equity funds, I shift portions over to AHITX, which has a very nice yield and tends to move slowly in the general market direction. AHITX contains bonds from companies with poor ratings, but then again, I trust them more than companies with great ratings who are able to over-extend themselves.
Current 90 day charts show improvements, it will be a rocky road, but we all hope it will continue to be an upward one, with a few jitters along the way. I'm just moving my money back in, so I am bit hyped that it is going up up up, not steady by any means, but at least it is upward. There are more hurtle ahead but just remember, if it is LOW, buy it when indicators smach the shit out of ya and say "BUY now fool" buy in small sequential shares.....
Looks like we all are in Misery, but you know eventually this one will bounce back and we will be sharing the joy. Hang in there, I have has this one since the begining and and its already paid for itself 300 times over.
Hang in there
Investing is a long term proposition. I never panic in these times and unless you need money right now or near term just let it ride, catch low price shares with dividend reinvestments and smile down the road. If you have a long term 10+ years outlook absolutely no problem. Unless Reveran/Imam B.H. Obama wins there is little to worry about.
Are we all on a ship of fools? I ask myself often if I did the right thing investing in AIVSX I know what the "experts" say but I look at the ten year return and its not that impressive:( Just for kicks look at SSGRX I have it and like it MUCH BETTER