Minimal Risk Investment  July 23, 2008    Total Return  $8,015.04  -4.53%

On December 31, 2007  $8,500 was invested in four IRA mutual funds.  The selection was made from our list of '105' top mutual funds.   The investment objective:  1) increase shares owned, 2) achieve performance growth, 3) minimize risk, and 4) maximize investment. Balanced Fund - $945.00 (58.732 shares) Equity Income - $2,500.00 (163.079 shares) Mid Cap - $2,500.00 (111.458 shares) Securities - $2,450.00 (193.983 shares) $8,395.00 (-1.24%) actual investment after initial fees were deducted.    INVESTMENT CLASSIFICATION   DATE          EVENT       SHARES  DIVIDEND DISTRIBUTION  TOTAL SHARES INVESTMENT VALUE BALANCED FUND 12/31/07 2008 YTD 07/23/08 Buy Reinvest --   58.732   0.374 --   -- $0.10 -- 58.732 0.374 59.106      $945.00   $5.89      $915.55    -3.12% EQUITY INCOME  FUND 12/31/07 2008 YTD 07/23/08  Buy Reinvest -- 163.079 1.219 -- -- $0.11 --   163.079 1.219 164.298      $2.500.00     $17.98    $2,324.77   -7.01% MID- CAP FUND                    12/31/07 07/23/08 Buy --   111.458 --  -- -- 111.458 111.458    $2,500.00    $2,432.01   -2.72% SECURITIES FUND   12/31/07 2008 YTD 07/23/08 Buy Reinvest --  193.983 1.896 --    -- $.12 -- 193.983 1.896 195.879  $2,450.00        $9.70         $2,342.71    -4.38% Note:  All four mutual fund investments out perform the classification averages.