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Old 08-08-2011, 06:27 PM
 
Location: Asheville, NC
12,261 posts, read 28,582,164 times
Reputation: 5047

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I bought some mutual funds about 15 years ago thinking that was a smart to invest for the future. Boy was I wrong. I have yet to see my funds surpass what I've invested. They have declined drastically but finally over the past year things were looking good and they were on an incline. Now in the past few days, I've lost a large amount again. All I was trying to do was recoup my initial investment and I was out of the stock market.

I know they say don't sell during the panic which I'm not intending on doing. I wish I could just get my initial investment back. It seems like I'm in it for the long haul again. I'm 40 now, so maybe I will see my initial investment by retirement.

BTW, my mutual funds are solid, at least I think. I own TWCUX and BREAX.
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Old 08-08-2011, 06:53 PM
 
5,046 posts, read 5,375,643 times
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What to do? Nothing.
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Old 08-08-2011, 09:55 PM
 
24,497 posts, read 37,421,646 times
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If you valuation based on fundamentals still hold true, buy more.
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Old 08-09-2011, 01:20 AM
 
Location: Under a bridge
2,422 posts, read 3,358,127 times
Reputation: 2491
Hold on to them. You are still young.
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Old 08-09-2011, 03:25 AM
 
455 posts, read 1,155,039 times
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Hold. If you sell you are an idiot.
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Old 08-09-2011, 05:25 AM
 
5,699 posts, read 6,480,099 times
Reputation: 4472
Quote:
Originally Posted by beckycat View Post
I bought some mutual funds about 15 years ago thinking that was a smart to invest for the future. Boy was I wrong. I have yet to see my funds surpass what I've invested. They have declined drastically but finally over the past year things were looking good and they were on an incline. Now in the past few days, I've lost a large amount again. All I was trying to do was recoup my initial investment and I was out of the stock market.

I know they say don't sell during the panic which I'm not intending on doing. I wish I could just get my initial investment back. It seems like I'm in it for the long haul again. I'm 40 now, so maybe I will see my initial investment by retirement.

BTW, my mutual funds are solid, at least I think. I own TWCUX and
BREAX.
I am in a similar dilemma but I have only had the fund for three months. The guy at the Vanguard told me that I should hang on. Don't you think 15 years is a long time to not realize a gain? Do you think that you would have done better if you would have put the money in a Cd? I remember making 6% from a 18 month CD in 2000. I am confused.
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Old 08-09-2011, 07:36 AM
 
Location: Wouldn't you like to know?
9,114 posts, read 16,215,742 times
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The problem is not investing in mutual funds, to me, it could be the fund (or funds) that you invested your money in 15 years ago could be the problem. Many people have made a ton of $$ investing in mutual funds/equities over the past 15-20 yrs. Not all funds are alike...many are real stinkers w/high fees and lousy management.

Here's a chart on the S&P annualized returns over the past 20 years....

CAGR of the Stock Market: Annualized Returns of the S&P 500. Annualized return from 1/1/97 is roughly 5-6%.

If you don't mind me asking, what fund did you invest in?
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Old 08-09-2011, 12:36 PM
 
Location: Asheville, NC
12,261 posts, read 28,582,164 times
Reputation: 5047
Quote:
Originally Posted by CouponJack View Post
The problem is not investing in mutual funds, to me, it could be the fund (or funds) that you invested your money in 15 years ago could be the problem. Many people have made a ton of $$ investing in mutual funds/equities over the past 15-20 yrs. Not all funds are alike...many are real stinkers w/high fees and lousy management.

Here's a chart on the S&P annualized returns over the past 20 years....

CAGR of the Stock Market: Annualized Returns of the S&P 500. Annualized return from 1/1/97 is roughly 5-6%.


If you don't mind me asking, what fund did you invest in?

I own TWCUX and BREAX.
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Old 08-09-2011, 02:39 PM
 
Location: Wouldn't you like to know?
9,114 posts, read 16,215,742 times
Reputation: 3705
Quote:
Originally Posted by beckycat View Post
I own TWCUX and BREAX.
Wow! I looked at the expense ratios for those funds and they are quite expensive...

1.00% for TWCUX and 1.60% for BREAX.....

Very hard to do well against their benchmarks w/expense ratios that high.

Even so, if you invested 10k back in 8/96 in TWCUX you should be sitting aro 18-19K right now......

Maybe your entry poinnts are different than what you posted earlier...?
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Old 08-09-2011, 03:40 PM
 
Location: Asheville, NC
12,261 posts, read 28,582,164 times
Reputation: 5047
Quote:
Originally Posted by CouponJack View Post
Wow! I looked at the expense ratios for those funds and they are quite expensive...

1.00% for TWCUX and 1.60% for BREAX.....

Very hard to do well against their benchmarks w/expense ratios that high.

Even so, if you invested 10k back in 8/96 in TWCUX you should be sitting aro 18-19K right now......

Maybe your entry poinnts are different than what you posted earlier...?
I think the BREAX was back in 1999 and TWCUX ($32.66) was about 12 years ago I believe. I have to look into it.

Last edited by beckycat; 08-09-2011 at 04:01 PM..
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