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Old 12-16-2009, 06:03 PM
 
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I currently own almost all of the American Funds family andI have the Vanguard STAR.

Charles Schwab has funds that start at $100.
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Old 12-16-2009, 06:20 PM
 
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Compare the performance of the funds you have to that of the broad categories from Morningstar -- nice free resource to give you a reality check.

I think Schwab will allow access to a screener based on the 'premium' content of Morningstar. Right now basically all categories did quite nice on YTD basis, but that was due to the highly unusual "wipe out" that hit pretty much all sectors last year.
Morningstar.com: Fund Category Returns

Probably a good time to think about ETFs too, might be a way to try to narrow your focus and save some fees. ETF Screener Beta 3 (http://screen.morningstar.com/screener_etf/etf_screener_version1.aspx?Mstar_Screen=%20YTD%20T op%20Performers - broken link)
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Old 12-16-2009, 11:02 PM
 
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I also use Motley's Fool and Smartmoney.
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Old 12-18-2009, 09:23 PM
 
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We've just taken all our money out of MF's - don't want to risk losing 1/3 of it again like we did in '08. Right now it's just sitting in a money market (American Fund) while we study the ETF's.....you can put a 'stop loss' order on ETF's when you invest whereas you cannot with an MF.
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Old 12-19-2009, 09:13 PM
 
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Quote:
Originally Posted by GayleTX View Post
We've just taken all our money out of MF's - don't want to risk losing 1/3 of it again like we did in '08. Right now it's just sitting in a money market (American Fund) while we study the ETF's.....you can put a 'stop loss' order on ETF's when you invest whereas you cannot with an MF.
You only lose your money when you sell in a loss. You do understand that when you buy shares in the down market, you are buying more shares at a cheap cost, therefore when the market goes up, you are going to have extraordinary gains. Mutual Funds are for long term investment. I would say minimum 5 years. 2008 was the worst year since The Great Depression.

What are you gains in the AF MM?
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Old 12-20-2009, 11:17 AM
 
Location: Atlanta, GA
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PIMCO Total Return.

It is THE largest mutual fund. Not largest bond mutual fund, THE largest mutual fund.

http://www.nytimes.com/2009/06/21/business/21gross.html
Gross Set for Record Book as Manager of Biggest Fund in History - Bloomberg.com
http://globalquote.morningstar.com/globalcomponent/GenerateFundChart.ashx?chart=quote&w=565&h=266&lan =en-US&reg=USA&tc=CU$$$$$USD&d=false&r=false&p=false&w in=3&period=custom&range=1999-12-20|2009-12-20&cfg=scale:1|GF:7&ma=&ids=FOUSA00IZL:0P00002W8P: CU$$$$$USD:1:1:FO::::B:USA|$FOCA$CI$$:$FOCA$CI$$:C U$$$$$USD:1:1:CA::::B:USA|XIUSA000MC:0P00001G5L:CU $$$$$USD:1:1:XI::::B:USA

Since 2000, your money has doubled with little risk of crashing ala 2008.
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Old 12-20-2009, 01:01 PM
 
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Quote:
Originally Posted by jhtrico1850 View Post
PIMCO Total Return.

It is THE largest mutual fund. Not largest bond mutual fund, THE largest mutual fund.

http://www.nytimes.com/2009/06/21/business/21gross.html
Gross Set for Record Book as Manager of Biggest Fund in History - Bloomberg.com
http://globalquote.morningstar.com/globalcomponent/GenerateFundChart.ashx?chart=quote&w=565&h=266&lan =en-US&reg=USA&tc=CU$$$$$USD&d=false&r=false&p=false&w in=3&period=custom&range=1999-12-20|2009-12-20&cfg=scale:1|GF:7&ma=&ids=FOUSA00IZL:0P00002W8P: CU$$$$$USD:1:1:FO::::B:USA|$FOCA$CI$$:$FOCA$CI$$:C U$$$$$USD:1:1:CA::::B:USA|XIUSA000MC:0P00001G5L:CU $$$$$USD:1:1:XI::::B:USA

Since 2000, your money has doubled with little risk of crashing ala 2008.

I have this in my 401K.
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Old 12-20-2009, 01:03 PM
 
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Look into American Funds, Vanguard, Fidelity, Blackrock, T. Rowe Price, Janus.
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Old 12-23-2009, 06:15 PM
 
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Fund giants enjoy big paydays despite losses FundWatch - MarketWatch
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Old 12-24-2009, 02:54 PM
 
2,592 posts, read 4,857,212 times
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Quote:
Originally Posted by GayleTX View Post
We've just taken all our money out of MF's - don't want to risk losing 1/3 of it again like we did in '08. Right now it's just sitting in a money market (American Fund) while we study the ETF's.....you can put a 'stop loss' order on ETF's when you invest whereas you cannot with an MF.
I agree, although when the market is down is the best time to buy. Mutual Funds were great in the 90's but have high costs or loads and are not worth it for your everyday person. Your a lot better off in ETF's. I took my money out of mutual funds and am investing it myself in ETF's. They are what mutual funds were 10-20 years ago.

I also don't understand what gains my mutual funds were claiming. I started in the market in 2000 and 2001 and continued to invest in my mutual funds. When I started looking at what I put in and what I had earned it wasn't close to as high as they were saying. Factor in inflation, and I basically didn't earn anything.
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