Monday, February 02, 2009

Time to change the FMJ monthly report.

Starting in 2009, we will only post a full accounting of the FMJ fund on a quarterly basis. As the stock market is in a deep depression, the turmoil is not worthy of keeping up. We will hope for better days and a return to more normative investing patterns. We will continue to invest all funds in real estate investment trust and also start picking up shares of Ford and Back of America.

Currently, the FMJ and B&C Funds have investments three stocks - PEI, GRT & UDR.

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