If you want to spread your money around different fund groups this is a convenient way to do it. And if you want to move money from one fund into another, it's just one phone call.
More Quotes from Sheldon Jacobs:
What we went through is a classic bubble. I don't think 2001 is going to be a fantastic year.Sheldon Jacobs
The people that are still in (the Steadman funds) just are totally unaware. They are not following their investments, and that's the first rule of investing -- to follow it.
Sheldon Jacobs
It's a conservative portfolio with a low correlation to the market, ... It isn't affected by market fluctuations. It's good for older people who can't afford to take risk, and it's good for people of any age who just can't take risk.
Sheldon Jacobs
(They) are going to make big inroads.
Sheldon Jacobs
The object is to look good.
Sheldon Jacobs
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