Bringing out the devil in you

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Professional Adviser
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The recent market correction shows that the many investors who piled into commodities stocks just as their price took a nosedive have failed to learn the lessons of the past

With the technology fund debacle still relatively fresh in the mind, it is astonishing to find investors making the same mistakes again so soon. With a wearying inevitability, natural resources funds were the top sellers on FundsNetwork for the first quarter of 2006, just before commodity prices fell off a cliff in the recent stock market correction. It was a timely reminder that last year's top asset class is seldom this year's and investors would be better off taking a more creative approach to investing rather than just chasing top performers. With this in mind, Fidelity recently iss...

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