Re: Scudder

[http://dummy.us.eu.org/robert (Robert)]

 > From: Bhavani <http://www.adelphia.net/~bhavani>
 > Date: Sun, 21 Dec 2003 07:23:49 -0500
 >
 > Hi Robert,
 > Sorry to bother you but INCOME fund is confusing to me.  If you have the 
 > time and can make a recommendation as to where to move the GOLD fund to, I 
 > would appreciate it.  But don't spend any time on it.  Thanks very much.
 > ME

What you want is "Value" (not "Growth") since it's lower risk.  What I did
was to go to http://finance.yahoo.com and put in each of the symbols
(e.g., "SCTXX") into the quote field.  From there, I went to the "Profile"
and looked for mutual funds that mostly invest in "Large" companies and
have a valuation of "Value".  At your age, with retirement imminent, you
always want either bonds (bond-heavy funds -- which are a terrible
investment right now), value/income funds, or money market funds.  Since
you are not able to retire presently, I would stay with "value/income
funds" since you still have an income other than social security.  After
doing the above rudimentary analysis, SCDUX seems to fit the bill.  Once
you start retirement, you'll want money market funds, or perhaps consult a
financial advisor if you hope to live off dividends.

But, again, you might want to wait until gold starts going down before
adjusting your portfolio.