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This may sound strange but those who do not need advice probably know how to invest in funds. Those who do need advice, might

Posted by: mrbinns on Jul 21, 09:22 in response to shahnon's post Starbonds has always been misunderstood by most traders...

consider not investing. Most funds, with few exceptions, have lousy rates of returns. I am not denigrating any of the fund managers, as that has never been my style, no flaming. Some lose interest, some just do not manage properly. Some, like a WB fund a few years ago just have plain bad luck.

My fund, which I took over in the 6th incarnation, was an attempt to prove that StarBonds could actually be a good investment. I am proud of being able to cash the fund out every 6 months, or less, for a great dRoi. Yet, I would never tell the small investor (under 50M) to invest in BONDS or any other fund.

The funds are a decent way to put away cash when you have so much that you just do not know what to do with it.

If you have some discretionary funds, go for it. If you see a graph of a fund moving up up up, then it is a hold. If it is over 80 and struggling to reach the top, perhaps it is time to move on.

The Studio funds are a smaller investment, because they IPO at 10, so we are talking 200K each, but some lose money and DISNX is currently a huge winner, over 5 times the IPO, but the average of the 7 is about 27. They all delist in September and start all over again, some with new managers.

I hope this give some of the newer players some insight.

I don't get it. There are 33 Funds on the board and BONDS is not in the top 25 widely held? Come on folks, StarBondFund Jul 19, 22:30

Then there is the IPO date list for the funds....Some of them, like BONDS, show the date of the first version. StarBondFund Jul 19, 22:53

Poster idea: Saturday the 14th? remrej Jul 20, 12:41

Seriously....for those who were not paying attention: StarBondFund Jul 21, 04:12

...I was being serious. Movie wikipedia page was provided in post. Other than that, only good idea I've run across is "14 Hours" (1951) remrej Jul 21, 11:30

I saw that and it is so retro it is cool......Mr. Antibody....Please take note. {nm} StarBondFund Jul 21, 13:19

The most widely-held funds seem (to me) to be the ones that have been on trading the longest, without delist Roger More Jul 20, 06:43

I know that this is just the reverse of what should be happening. But not in the top 25? As RDANG used mrbinns Jul 20, 07:14

thanks for the profits and ongoing tutorial on how to trade bonds like a master mr binns. {nm} flapjack007 Jul 20, 19:49

You and me buddy... I am half way thru to delist, and not in 25 either... {nm} EuroFund Jul 20, 13:13

Even LLIST couldn't get to number one and we had a licence to print money. H-Force Jul 20, 19:59