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It may be up YTD but I am a 10 year holder who has reinvested all dividends and capital gains, and I am still underwater. Factor in inflation and the taxes I paid over those years (on the "gains") and the real loss is very significant.
Of course the real question is where does RPMGX (and all stocks/mutual funds) go from here. I am very apprehensive about our economy, the value of the $$, and our long term ability to compete in a global market. High inflation within a year or two is almost a certainty, and it appears our elected "leaders" are hell bent to continue huge deficit spending. Add in the fact that I have little faith or trust that most companies give a hoot about the shareholder or that government can or will adequately protect the rights of the shareholder. I know it sounds gloomy--and it is. Anyone have any good suggestions on where to invest at this moment. Rating :
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Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
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I plan to unload about 2000 shares of this dog before e...
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josejimenez... | Rate it | 15-Nov-08 09:24 am | ||
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Why do you want to sell? I have this in my 401k a...
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joe893m | Rate it | 16-Nov-08 09:46 am | ||
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I agree with you 100% Joe!
Now's the time ...
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whizknock | (2 Ratings) | 19-Nov-08 07:20 pm | ||
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It was a good call in Nov to keep buying...
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joe893m | (1 Rating) | 10-May-09 10:00 pm | ||
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Me too Joe. A week ago I took 50% o...
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whizknock | (1 Rating) | 23-May-09 07:29 pm | ||
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Make sure before you sell it, its as low as humanl...
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dcbinkowski | (1 Rating) | 12-Dec-08 08:04 pm | ||
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In hindsight, I guess it wasn't too smart to sell ...
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touchpointd... | Rate it | 11-Jul-09 09:56 am | ||
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In Hindsight
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hyvision68 | Not rated | 15-Jul-09 10:55 am | ||
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diversify, diversify, diversify. I will...
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touchpointd... | Rate it | 13-Nov-09 09:45 am |
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