That fund was up 211 percent in 1999, and a lot of inexperienced investors concluded that they had found a sure thing. But by Thanksgiving, that fund was down about 24 percent this year. If Janus Global Technology represented 10 percent of your portfolio, you could roll with the punches. But if it were half or more of your portfolio, you would be feeling considerable pain by now. Even though you probably have what seems like a small amount of money, you can learn to treat yourself like a millionaire.
Millionaires invest intelligently, after learning the facts.
They don't make impulsive decisions and they don't let greed blind them to reality. They also place a high value on keeping the money they have. So if you want to get a really strong start, take a long-term view of things and build a diversified portfolio. For more specific fund recommendations, check out the Model Portfolios on our Web site.