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Old 01-31-2008, 12:48 PM
 
Location: State of Being
35,879 posts, read 77,210,728 times
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What do you think about American Funds - the US Treasury Money Fund of America? Want to re-allocate funds out of venture and foreign caps something safer/more stable.

Any opinions?
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Old 01-31-2008, 03:28 PM
 
Location: Papillion
2,589 posts, read 10,529,407 times
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(1) No one here can answer specifically because they don't know your goals, your risk tolerance, or your overall portfolio mix.

(2) For a general opinion, can you share the Fund's symbol? There are several funds that go by the name "US Treasury Money Fund of America"
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Old 01-31-2008, 06:53 PM
 
Location: Wouldn't you like to know?
9,116 posts, read 17,668,897 times
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Quote:
Originally Posted by anifani821 View Post
What do you think about American Funds - the US Treasury Money Fund of America? Want to re-allocate funds out of venture and foreign caps something safer/more stable.

Any opinions?
Hi anifani...

FYI, american funds are probably right next to vanguard as the "best" mutual fund family to own. Even better, since you have it in your 401k, there's no front load.

I don't know about that particular fund.

Just curious, why are reallocating to cash? ARe you rebalancing or are you just reacting to the instability of the ups and downs of the "market"? Hopefully this is not just a short term knee jerk reaction. Many people who do that actually lose money by not staying the course.
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Old 01-31-2008, 07:36 PM
 
Location: State of Being
35,879 posts, read 77,210,728 times
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Quote:
Originally Posted by CouponJack View Post
Hi anifani...

FYI, american funds are probably right next to vanguard as the "best" mutual fund family to own. Even better, since you have it in your 401k, there's no front load.

I don't know about that particular fund.

Just curious, why are reallocating to cash? ARe you rebalancing or are you just reacting to the instability of the ups and downs of the "market"? Hopefully this is not just a short term knee jerk reaction. Many people who do that actually lose money by not staying the course.
Hi, Jack!

I was trying to decide what to do to get into what I consider a safe position on a 401 K. Just re-allocating (or should I say - re-balancing?) - not taking out cash.

This particular 401 K had 50% allocated to a high risk venture capital fund and 25% to mortgage bonds and 25 % to AmFunds. I decided to put 75% into AmFunds and 25% into a Pimco fund that has performed well for me in the past. I can re-allocate up two 4 times a year at n/c and this was my first move for this year. I just wondered what you all thought about the fund for the longterm. I thought it would be a decent position w/ the present market conditions. I really hope it was a safe move as two of my friends also re-allocated today and put 75% of one of their 401 Ks into it, also.

One of my other TSAs - i had moved to 80% bond position 2 months ago. Just cautious. Lost my a$$ w/ Enron and Worldcom b/c of a broker who didn't pay attention and I had no idea those 2 companies held positions in mutual funds I owned. I now stay on top of things myself.

Just looking for some confirmation. Thanks!!!
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Old 01-31-2008, 07:43 PM
 
Location: Papillion
2,589 posts, read 10,529,407 times
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Symbol: UTAXX
Fund Category: Money Market-Taxable

Fees
It is a No Load Fund (good thing)
Expense Ratio is 0.57% (High compared to other selected funds)
12-1b Fee is 0.09% (High compared to other selected funds)

Performance
YTD Return is +4.16% (High compared to other selected funds)
5 Year Return is +2.31% (High compared to other selected funds)
10 Year Return is +2.99% (High compared to other selected funds)
+3.43% Since Inception (1991)

Ratings & Risk
not Morning Star Rated
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Old 01-31-2008, 07:54 PM
 
Location: Marietta, GA
857 posts, read 4,871,597 times
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Quote:
Originally Posted by Dave1215 View Post
Symbol: UTAXX
Fund Category: Money Market-Taxable

Fees
It is a No Load Fund (good thing)
Expense Ratio is 0.57% (High compared to other selected funds)
12-1b Fee is 0.09% (High compared to other selected funds)

Performance
YTD Return is +4.16% (High compared to other selected funds)
5 Year Return is +2.31% (High compared to other selected funds)
10 Year Return is +2.99% (High compared to other selected funds)
+3.43% Since Inception (1991)

Ratings & Risk
not Morning Star Rated

that won't even keep pace with inflation. It's a good idea to review your portfolio now and then, and reallocate money to other types of funds if you are too heavy in certain sectors. I have always been too heavy in aggressive growth. For the most part it has worked out for me, but as I get closer to retirement I will dial it back a bit.
If you are thinking about changing because of the current stock market activity I would suggest that you don't go too conservative, like putting it into money markets. While the stock market is down a bit it is a good time to put money into it, not take money out.
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Old 01-31-2008, 08:00 PM
 
Location: State of Being
35,879 posts, read 77,210,728 times
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Quote:
Originally Posted by NorthmeetsSouth View Post
that won't even keep pace with inflation. It's a good idea to review your portfolio now and then, and reallocate money to other types of funds if you are too heavy in certain sectors. I have always been too heavy in aggressive growth. For the most part it has worked out for me, but as I get closer to retirement I will dial it back a bit.
If you are thinking about changing because of the current stock market activity I would suggest that you don't go too conservative, like putting it into money markets. While the stock market is down a bit it is a good time to put money into it, not take money out.
Thanks NmeetsS!!! I really appreciate the info. Won't go to money markets. Just want somewhere that I won't lose anything. I didn't have that many choices on this particular 401 K as to where to put the money. I figured it was not going to bring me any big returns, but frankly, I was worried about losing money. After losing tens of thousands b/c I had no control over how my funds were balanced . . . I get skittish. I am no expert so I read and listen to investment programs on TV, etc. and try to do the best I can. And I really appreciate other people's input -especially when I know they are willing to do that w/o having some vested interest, LOL.

Thank you!
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Old 01-31-2008, 08:36 PM
 
Location: Wouldn't you like to know?
9,116 posts, read 17,668,897 times
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Quote:
Originally Posted by anifani821 View Post
Thanks NmeetsS!!! I really appreciate the info. Won't go to money markets. Just want somewhere that I won't lose anything. I didn't have that many choices on this particular 401 K as to where to put the money. I figured it was not going to bring me any big returns, but frankly, I was worried about losing money. After losing tens of thousands b/c I had no control over how my funds were balanced . . . I get skittish. I am no expert so I read and listen to investment programs on TV, etc. and try to do the best I can. And I really appreciate other people's input -especially when I know they are willing to do that w/o having some vested interest, LOL.

Thank you!
Ok, sounds like you are looking for an extremely conservative portfolio after what happened w/your risky AA several years ago. I can understand that.

However, you asked if this was a good fund for the "long term". To me, having most of my eggs in such a conservative fund over the long term is not a good idea IMO. Its hard to get over the emotional hump, but we as investors should not knee jerk react to the recent volatility of the market. It happens, stocks will fluctuate wildly. If you can't stomach your current allocation, I would not leave equities, but just 'dial down' the percentage a little bit. To achieve your goals, you're still going to need to take some risk and be in equities if you want the reward. A portfolio mainly of bonds and MM funds won't accomplish that.

Again, I am not you and can't tell you to change your risk tolerance. We each have our own, but I just want to make it clear that you know the risk/reward scenerio for the future w/such conservative funds...

good luck!
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Old 02-01-2008, 02:40 PM
 
Location: Great State of Texas
86,052 posts, read 84,246,121 times
Reputation: 27718
I rearranged my 401K last October. Moved it all to a stable fund out of aggressive and moderate. But, I'm doing this while I sit on the sidelines watching this banking fiasco unwind. I figure 6-12 months is fine by me to earn low interest while keeping my principal intact. My 401k has done well over the past couple of years so I'm not worried about not keeping up with or passing the inflation rate for this year.

I'm a conservative investor BTW
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Old 02-02-2008, 06:58 AM
 
Location: Wouldn't you like to know?
9,116 posts, read 17,668,897 times
Reputation: 3722
Quote:
Originally Posted by HappyTexan View Post
I rearranged my 401K last October. Moved it all to a stable fund out of aggressive and moderate. But, I'm doing this while I sit on the sidelines watching this banking fiasco unwind. I figure 6-12 months is fine by me to earn low interest while keeping my principal intact. My 401k has done well over the past couple of years so I'm not worried about not keeping up with or passing the inflation rate for this year.

I'm a conservative investor BTW
If anyone's a long term investor, I think this is reall bad advice.

Think about it, you have 20 years left and your trying to time the market? If you look at the big picture, your losing purchasing shares that are pretty low and the power of compounding 20 years later.

Right now our current situation will be a blip on the screen. I view what the media says as all "noise"...

If you only have a couple years left to retirement and are looking to start withdrawing money, then yes I think its prudent to start shifting into more conservative investments...otherwise your really losing out, falling victim to a knee jerk reaction of what the current market is doing.
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