How are your mutual funds doing?

I don' t suppose very well when again today the DOW takes a hit like it is.  That is a scary slope! 

What's with Mondays and October in the stock market? First it was Monday, October 28th, 1929, then it was 'Black Monday' - Monday October 19, 1987, then last week Monday September 29, 2008 (that was close enough to October), and again today Monday October 6, 2008.

And do you find that your mutual funds always take a bigger hit in downturns than the upshot on bull markets? How is that possible?

That's why we like investing in real estate.  The leveraging aspects of owning property and/or the ownership of being a shareholder in a private mortgage lending company (such as our AltaPacific MIC).  You can actually drive by the properties where your money is invested.  You can see what you actually own!  Do you find it frustrating when you receive your monthly financial performance charts and graphs on your mutual funds and the performance is less that what you expect?  I know I did! I got fed up with it... and they (they being several of them along the way) charge their management fees whether they're increaing your wealth - or losing your money.

Investing in real estate - either REAL real estate; or real estate through mortgages... just made a lot more sense to us.  Maybe it does to you too.

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