No. of Recommendations: 0

I have nothing in CD's right now because they offer such a paltry return.

In the 1980's, I remember enjoying an amazing return on a CD! I had some IRA money that rolled over when I changed jobs, and I knew nothing about what to do with it back then, so I simply went to my bank and poured it all into a 5-year CD -- at 13%! Imagine a return like that today? If I could even get a guaranteed 8% or better today, I'd probably just dump it all into an instrument like that and stop bothering trying to balance my portfolio at all! However, diddling with 1% or 2% locked in simply isn't what I want to do. A decent bond fund can do better, I think.

I maintain about 25% or so in two bond funds, 40% or so in a couple of domestic mutual equity funds (my biggest being Fidelity's Low Priced Stock fund), 10% in Fidelity's Pacific Basin fund, and the rest among some hand-picked stocks that I sometimes buy, sell or trade, depending on ambition or a sense of potential! (I can trade at $8/trade in my Fidelity IRA.)

Right now, among others, I have some shares of Sirius Radio (SIRI), for example, bought when it was about $4. If it takes off, I'll be tickled, but it's at around $6.65 or so now, anyway, and I have a stop limit in at just under $6, so.... <shrug>... at worst, I make a few bucks!

Hope you enjoyed Thanksgiving!

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