Podcast January 9, 2012
Even though the Standard & Poor’s 500 Index was essentially flat (up less than one percent) in 2011, we witnessed the most volatility in recent memory. However, the volatility might NOT be coming from the daily news that so many feel are driving the markets. In Bear markets (and we are in a secular bear market in 2012), there is (often) a tremendous increase in volatility. But the strange phenomenon about bear markets is they typically finish where they began. We also spend time in the podcast discussing why Mullooly Asset Management does not make market predictions and why predictions about the economy and predictions about the stock market are usually a waste of time.
We encourage our readers and listeners to our podcast to consult with their investment adviser before making a decision to buy or sell any investment.
And if you are relying on a podcast for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser in the New Jersey or New York area, we encourage you to contact Mullooly Asset Management at 732-223-9000 or through our website.
Under no circumstances should any of the content discussed on this podcast be considered investment advice.
The Mullooly Asset Management Podcast can be found below. The Podcast can also be found on iTunes. Go to the iTunes Store and simply search for “mullooly.” Under no circumstances should the information contained in this blog or podcast be considered investment advice.
Thank you for listening. We welcome your comments and questions.
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AUSAX: Columbia Acorn USA Fund
by Thomas Mullooly on January 16, 2012
Is the Columbia Acorn USA Fund (symbol AUSAX) available in your retirement plan at work? AUSAX may be available in your deferred compensation plan or your 401k plan. In the many retirement plans I have reviewed, the Columbia Acorn Fund is one of the more popular funds — meaning, it is often offered as one of the choices for growth funds in a 401(k) plan.
The Columbia Acorn USA fund is currently (January 2012) invested in technology, retailing and other small cap investments. This can be a volatile fund both UP and DOWN, but you will need to see the video below for more details.
In some deferred comp accounts and 401(k) plans, the Columbia Acorn fund (AUSAX) is sometimes the most recognizable growth fund in your plan. With that in mind, I have prepared an analysis of the point and figure chart for this fund.
If you are relying on a blog post for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000, or through our website. Under no circumstances should the content discussed here to be considered specific investment advice.
Please note this is an ANALYSIS of AUSAX, the Columbia Acorn USA fund, this is not a recommendation to buy or sell this fund. In fact, none of the securities analyzed represent past specific recommendations of Mullooly Asset Management.
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment or investment strategy will be profitable or equal to past performance levels.
Additionally, all investment strategies have the potential for profit or loss. Changes in investment strategies, contributions, or withdrawals may materially alter the performance of your portfolio. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for an investor’s portfolio.
Feel free to pick up the phone and call us (or email) to get your questions answered about the Columbia Acorn fund (AUSAX), or your 401k retirement account at work, any investment your are considering. We can be reached at 732-223-9000.
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