Re: PRNEX - Long term holding?
I'd like to think I'm fairly sturdy as it relates to risk. However, I didn't invest in tech stocks in the 90s and so didn't really feel worst of the pain after 2000. Also, I haven't been investing...
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invest4,I think switching out of PRGFX for PRWCX is an excellent idea. I don't see much in the way of bonds in your mix so adding more PRWCX would give your portfolio some ballast. One of the main...
View ArticleRe: PRNEX - Long term holding?
Thanks Migues. I think I will do just that. I also like utilizing PRWCX as somewhat like a holding tank to be allocated elsewhere when the opportunity arises (ex: like the recent downturn). In...
View ArticleRe: PRNEX - Long term holding?
invest4,You are wise beyond your years. However, when you consider that 50% of workers have saved less than $25,000 for retirement and most of the country seems to be up to their eyeballs in debt, the...
View ArticleRe: PRNEX - Long term holding?
Ha! Don't get me started on the whole debt thing (we've got to get our act together). 1) Bonds - Food for thought.2) CDs - Interestingly, I actually have some CDs for the first time that I can...
View ArticleRe: PRNEX - Long term holding?
Replies to invest4, "This is why I mentioned the home equity bit. In my view, the amount of equity you have in your home is essentially "cash" with a very modest return (the effective interest you...
View ArticleRe: PRNEX - Long term holding?
Invest 4, Very interesting thread you have started. You have garnered some very good comments from some of the best posters on the Morningstar.Although I do not own PRNEX, I would if I did not already...
View ArticleRe: PRNEX - Long term holding?
It may not be a right idea to gauge to S&P500, but according to X-ray, S&P500 has about 12.4% in energy and 13.10% in industrial materials. FWIW. KM
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Re: PRNEX - Long term holding?
maruyamakiyoshi:It may not be a right idea to gauge to S&P500, but according to X-ray, S&P500 has about 12.4% in energy and 13.10% in industrial materials. FWIW. KMThe percentage of the S&P...
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Pat,Thanks for the link. However, I couldn't figure out from the table your mentioned 6.6% at 2000 end. X-ray on FSTMX (Total) even gave similar %s as FSMKX did. Are you implying that the data shown by...
View ArticleRe: PRNEX - Long term holding?
Pat,I figured out! From the table for 2008, energy is 14.04% of the S&P 500 marketcap. So, I could check if one's portfolio is either overweight or underweight wrt that of S&P500. Today, I...
View ArticleImportant to Understand WHY your buying it!
Hi Gang,I just read an article in Money Mag. I understand that much in the investment mags is just porn and garbage and read it anyway to see whats being said. I try to discern between the porn and...
View ArticleNR vs tech
One difference between NR and tech: With tech products it's relatively easy for competitors to make the same widgets, and drive prices down (e.g. all things computer-related). With NR, there's only so...
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hi im 18 and am about to go off to college, after researching this fund and the economy for most of yesterday i was thinking of starting my first mutual fund and investing in the T Rowe Price New Era...
View ArticleRe: PRNEX - Long term holding?
I have been tracking this fund from 04/01/08. I was thinking about purchasing it because it had a nice run. I created an online account here and "bought" shares for $2500 . Almost a year later, the...
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