Apr. 02, 2009 buy NCE524 Sentry Select Mining Opportunity Class $1,000.00 @$6.97
The way to invest in mutual fund I learned from a web article:
Buy a top fund and hold it for 90 days (typically no fee if it has been held for 90 days), then sell it (no matter gain or lose), and pick another fund re-do the same way again.
“The October Strategy combines four pro-active and probability-enhancing investment strategies:
- investors can now pay no commissions or transaction fees, and take advantage of the revolution in Canadian mutual fund investing, which allows you to invest in virtually every good mutual fund in Canada on a no-load/no-fee basis. This, through a deep discount broker, like TD Waterhouse, Bank of Montreal Investorline, CIBC Investor's Edge, Scotia McLeod Direct, Q-Trade, E-Trade, or Credential Direct (the October Strategy only makes economic sense if you use a deep discount broker, and pay no commissions).
- consistently get out of equity funds, and into a safe money-market fund every September and October, to avoid the typical autumn downturn which happens in 8 out of every 10 years.
- after October, stay fully invested in equity funds because over the long-term, equities perform better than balanced or bond funds.
- rebalance your equity portfolio about every 101 days, with 15 or fewer minutes effort. This 101 day period both:
- avoids short-term redemption penalties; and
- allows investors to take full advantage of those mutual funds with recent out-performance momentum.
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May.22,2009 Switch to
NCE719 SENTRY SEL MNY MRKT $1,108.87 @ $7.537
GROSS PROFIT: 10.8%
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