Comments on: What’s in House Speaker Nancy Pelosi’s Investment Accounts? http://www.consumerismcommentary.com/2006/11/09/whats-in-house-speaker-nancy-pelosis-investment-accounts/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 08 Nov 2009 07:50:42 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Roger Megyan http://www.consumerismcommentary.com/2006/11/09/whats-in-house-speaker-nancy-pelosis-investment-accounts/#comment-70103 Roger Megyan Tue, 14 Nov 2006 18:27:01 +0000 http://www.consumerismcommentary.com/2006/11/09/whats-in-house-speaker-nancy-pelosis-investment-accounts/#comment-70103 I have been reading about Pelosi for some time, this woman is impressive. She has the courage to stick to her convictions no matter what (she is usually right). I equally subscribe to not investing in funds (unless possibly index funds), i am planning dollar cost averaging with blue-chip stocks. I have been reading about Pelosi for some time, this woman is impressive.
She has the courage to stick to her convictions no matter what (she is usually right).
I equally subscribe to not investing in funds (unless possibly index funds), i am planning dollar cost averaging with blue-chip stocks.

]]> By: Jeremy http://www.consumerismcommentary.com/2006/11/09/whats-in-house-speaker-nancy-pelosis-investment-accounts/#comment-69369 Jeremy Thu, 09 Nov 2006 23:15:11 +0000 http://www.consumerismcommentary.com/2006/11/09/whats-in-house-speaker-nancy-pelosis-investment-accounts/#comment-69369 Not having any mutual funds doesn't surprise me. As a financial advisor, when I dealt with many of the wealthy people over 40, most had millions all in individual stock holdings, not funds. Many had inherited stock from their parents, and most simply purchased small amounts of stock at a time over the course of many years. I have a family member like this, he has millions invested in individual stocks. He knows about funds, could easily purchase even load funds at NAV requiring no load, but he doesn't. He simply has a dedicated broker/advisor and he's always purchasing individual companies. Different strokes for different folks I guess. But if you have the money to do so, and don't mind the potential gamble and tax implications in more frequent trading, then with some good research the rewards can be far better than any fund (with the possibility to be far worse as well). Not having any mutual funds doesn’t surprise me. As a financial advisor, when I dealt with many of the wealthy people over 40, most had millions all in individual stock holdings, not funds.

Many had inherited stock from their parents, and most simply purchased small amounts of stock at a time over the course of many years.

I have a family member like this, he has millions invested in individual stocks. He knows about funds, could easily purchase even load funds at NAV requiring no load, but he doesn’t. He simply has a dedicated broker/advisor and he’s always purchasing individual companies.

Different strokes for different folks I guess. But if you have the money to do so, and don’t mind the potential gamble and tax implications in more frequent trading, then with some good research the rewards can be far better than any fund (with the possibility to be far worse as well).

]]> By: Rich Slick http://www.consumerismcommentary.com/2006/11/09/whats-in-house-speaker-nancy-pelosis-investment-accounts/#comment-69363 Rich Slick Thu, 09 Nov 2006 21:51:52 +0000 http://www.consumerismcommentary.com/2006/11/09/whats-in-house-speaker-nancy-pelosis-investment-accounts/#comment-69363 Did I miss something? Not one single mutual fund? Is she only required to list individual securities and not funds? Surprised to see some of her stock holdings though. Overstock, Shutterfly, Did I miss something? Not one single mutual fund? Is she only required to list individual securities and not funds?

Surprised to see some of her stock holdings though. Overstock, Shutterfly,

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