Green Energy Mutual Funds

Can you help me with my investment portfolio?
It’s already June and I’m wondering if I should trust the saying Sell in May and Stay Away. (It basically means sell most of your holdings in May because markets have proven to be bad for the next months) I need help from you guys to tell me what I should sell and what i should keep. I currently have shares of NutriSystem (NTRI, that was a bad choice, Im just keeping it just to see if i can lose a little less), DryShips (DRYS), Gamestop (GME), Opnext (OPXT), Take-Two Interactive (TTWO), and XTO Energy (XTO). I also have shares of a mutual fund called Royce Value Plus Service (RYVPX). the mutual fund was originally gonna be a long term holding, but it seems that I’ve lost 16% on it. It has a 5 Star Morningstar Rating, but my dad tells me to check a website called Fund Alarm and if the statistics aren’t all green then sell. So please tell me your input about my holdings. Should I BUY, HOLD, or SELL.
FYI: This is really money.
Here’s my suggestion. Sell everything you have and start again. To start with, the month has nothing to do with. The time to buy a stock is when the price is right, whenever that occurs.
Your reason for keeping Nutrisystems is COMPLETELY wrong. A lousy stock is a lousy stock. Praying that it goes up hardly ever works. Where you bought the stock does not matter. What matters is where its going.
Gamestop and Take-Two are too much alike. You need to diversify a little more. I would look at companies in different fields that won’t be affected as much by the ridiculous gas prices. I’m looking at Microsoft, Pepsi and United Health right now.
You should be able to explain in plain english what a company does and why it should do well in the near future. If you can’t, stay away.
Dryships does look interesting. I’m going to look into that company a little more.
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This entry was posted on Wednesday, December 28th, 2011 at 10:10 pm and is filed under solar power. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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