8/8/11

Market patterns

Some high-yield mutual funds such as FHIFX, NHINX, FSICX, JAHYX, PAXHX, VWEHX declined much less than 2% today. JNK sagged 4.25%.

These are not recommendations to buy or sell. I am just pointing out that a well managed high-yield mutual fund could have a place in your portfolio. You have to do your own research, of course.

Volatility is always an important element of your final decision, in my humble view.

One other thought. As I explained to my subscribers, SH may have a place in your strategy to immunize/protect/hedge part of your portfolio in market debacles. It is a tricky strategy, but it is an important one.

For instance, you can sell the positions you do not like and buy SH with the proceeds. Ask you investment advisor or broker about it. He will be able to suggest what is right for you.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

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