tut@sun.uucp (Bill Tuthill) (02/12/86)
Over the last bull market cycle, which began in August 1982 (and included a slight bear market in part of 1984), these were the ten best-performing mutual funds: Dean Witter Dividend Growth +246% 6.3% load Fidelity Magellan +228% 3.1% load Putnam International Equities +196% 9.3% load Century Shares +194% no load Quasar +190% no load Vanguard Qualified Dividend I +190% not accepting new accounts Fidelity Destiny +187% 9.9% load Venture New York Venture +183% 9.3% load Stein Roe Special +180% no load Pennsylvania Mutual +176% not accepting new accounts For this year, the "Mutual Fund Forecaster" predicts that Magellan will make 34%, Destiny 30%, Quasar 29%, Century Shares 28%, Stein Roe Special 28%, N.Y. Venture 27%, and Dean Witter Dividend Growth 24%. No prediction was made for Putnam International Equities. I predict that sooner or later this bull market will end. When it does, I think real estate will be the best investment. But in 1985 the stock market outperformed real estate by a huge margin. Bill Tuthill