Conference nyoss1::market_investing

392.0. "Thoughts on high risk/reward equity funds" by SU2PLY::MACDONALD (Still crazy after all these years!) Mon Feb 22 1993 13:27

	I am giving some thought to moving part of my portfolio to
a higher risk/reward catagory and would like some pros, cons, and
recommendations on these choices:

  1.  Aggressive Growth Funds 

	Based on the logic that smaller company stocks should
	outperform the blue chips over the next several years

	Choices:  Kaufmann, Oberweis Emerging Growth Fund,
		Financial Emerging Growth Fund

  2.  International Funds

	 Pac Rim/Japan focused based upon the logic that these
	markets, particularly Japan, are undervalued versus the
	US market.  (similar note is 389)

	Choices:  Scudder Japan, Janus Worldwide, Financial Strategic 
	Pacific Basin

  3.  Specialized Funds

	Several areas have outperformed the market and look well
	positioned to continue to do so.

	Choices:  Financial Strategic Financial Services or Leisure,


	If this is an area to go with, which of the 3 catagories above
would you pick and why?

Thanks for sharing your thoughts, ideas etc.

Mac
	

    You might want to consider the Mutual Discovery Fund described in
    277.13. I would consider it pretty aggressive, but it is not purely
    small-company, includes some non-US securities and debt-securities
    (junk bonds) as well.

    I would avoid sector funds at all costs, unless you really know
    what you are doing. 

    Ram     

    you might also consider buying a large amount of a stock thats
    less than 100 per share,alot of new companys sell cheep but
    of course there is a lot of risk.....