Happy New Year!
The 2007 results are in for our Fidelity Sector Fund portfolio.
Every month, as changes occurred in the Fidelity Sector Fund portfolio, we reinvested the assets of each sale into the new buys. This strategy gave us a powerful compounding effect.
From January 2, 2007- December 31, 2007:
Our Top 10 Fidelity Sector Fund Portfolio Gained: + 13.028%
The 13.028% Sector Fund gain more than doubled the Dow’s gain of +6.4%, and was almost 4 times better than the S&P’s gain of 3.5%. The NASDAQ faired better than the Dow and S&P coming in with a gain of 9.8%.
We are still working on the results for the ETF portfolio, and should have the results by the middle of this month.
2008 will be extremely challenging. According to the people at the Stock Traders Almanac, this is the first year since 1974 that both November and December had negative monthly closes. Yikes!
Many of the events that we predicted a few years ago are now coming to the surface. I am happy that I can give you some unbiased advice in advance of these events occurring.
Some of the events shacking the economy today that I warned you about over the past few years;
-2004 World Money in Orlando warn investors of an impending "Oil Crisis"
-2004 World Money in Orlando told investors to buy SBC (now AT&T) at $25 (Currently $41), saying a 5% plus dividend yield will eventually drive stock higher.
- Warned investors of an impending Real Estate Bubble.
- Said the Homebuilder Stocks were in a Bubble.
- Consumer Spending Insanity.
Please understand when I attempt to project what will happen in the future, I am normally early in my calls. I like to be early since selling into strength and buying into weakness is my favorite investment technique.
Have a great day!
