Ugh… finally saved up a few bucks here in Australia and just converted it back to the US Dollar. I missed out on the recently high AUD vs USD exchange rate… I got .692 versus a few months back it actually reached .80.
Well, I seriously stink at figuring out what to invest in. Throughout my working career, pretty much everything I’ve invested in was a loser. Looking back at my investments, I think the tax benifits I get from the losses I claim on my income tax has been my best performer. So instead of directly investing in stocks, I’m shooting for mutual funds. This way, when I continue to lose money, there’ll be someone else to blame (instead of me).
On a side note, I’m actually thinking of selling the list of investments I own so people will know what NOT to invest in. Would you purchase a list of what NOT to invest in? If you think this is of value, please send me $25 and a self addressed envelope.
Ok, back to the point of this post… I keep seeing this term called ‘growth’ and ‘value’ used to describe funds. There’s even a middle one called ‘blend’. Fidelity has this good article that describes what these things are:
http://personal.fidelity.com/products/funds/fundpicks/overview.shtml.cvsr
They even have this cool chart which kinda reminds me of those displays at casinos of previous bet outcomes. Strange how similar they are.

Well.. when I find out more info, I’ll post it here.