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1
clambo
2019 Aug 31, 11:29pm
Arguably the best managers are Primecap management in Pasadena. They manage Primecap and Capital Opportunity funds at Vanguard which are closed to investors.
So, you can instead buy Primecap Odyssey funds directly from their website.
If you buy everything at Vanguard you will be OK. However, I don't know which of their managed growth funds are good. Primecap and Capital Opportunity closed to investors.
Vanguard International Growth fund is a good fund managed by Shroeder I believe.
T. Rowe Price cost slightly more in fees but they are good funds; some are excellent.
Fidelity is of course fine also but has the distinction of places you can walk into although lately they are saying they do everything online so last time I was in there I had to use a computer in the lobby.
I have a bunch of funds; around 1992 I went crazy buying different ones because I didn't know which ones I would like and the minimum investment was $2500 or $3000 at Vanguard.
The other problem is that the manager of my favorite fund may have changed and now I don't know if the fund is the same anymore.
Some of my good funds have been:
1. Vanguard: Primecap, Capital Opportunity, International Growth, Wellington (balanced; buy it and forget it until age 90)
2. T. Rowe Price: New Horizons, Small Cap Value, Blue Chip Growth, Mid cap growth
3. Fidelity: Contrafund, Blue Chip Growth
I have so many funds that now when I see my results it seems to actually be about the same as the W5000 (Wilshire 5000 Index) which is kind of funny; all of the fun I have had picking my mutual funds may have been for nothing.
The fund which has an income component is less tax efficient than some funds so this can go into an IRA if possible.
A cool fund at Vanguard is "Tax managed Capital Appreciation"; this is like an index fund which is managed to not produce a 1099 form to increase your tax liability. This is clever.
I bought a Fidelity fund recently that was a W5000 Index fund which has 0% management fee and no minimum investment! Nobody has an excuse not to be an investor today, you don't need $2500 any longer.
So, you can instead buy Primecap Odyssey funds directly from their website.
If you buy everything at Vanguard you will be OK. However, I don't know which of their managed growth funds are good. Primecap and Capital Opportunity closed to investors.
Vanguard International Growth fund is a good fund managed by Shroeder I believe.
T. Rowe Price cost slightly more in fees but they are good funds; some are excellent.
Fidelity is of course fine also but has the distinction of places you can walk into although lately they are saying they do everything online so last time I was in there I had to use a computer in the lobby.
I have a bunch of funds; around 1992 I went crazy buying different ones because I didn't know which ones I would like and the minimum investment was $2500 or $3000 at Vanguard.
The other problem is that the manager of my favorite fund may have changed and now I don't know if the fund is the same anymore.
Some of my good funds have been:
1. Vanguard: Primecap, Capital Opportunity, International Growth, Wellington (balanced; buy it and forget it until age 90)
2. T. Rowe Price: New Horizons, Small Cap Value, Blue Chip Growth, Mid cap growth
3. Fidelity: Contrafund, Blue Chip Growth
I have so many funds that now when I see my results it seems to actually be about the same as the W5000 (Wilshire 5000 Index) which is kind of funny; all of the fun I have had picking my mutual funds may have been for nothing.
The fund which has an income component is less tax efficient than some funds so this can go into an IRA if possible.
A cool fund at Vanguard is "Tax managed Capital Appreciation"; this is like an index fund which is managed to not produce a 1099 form to increase your tax liability. This is clever.
I bought a Fidelity fund recently that was a W5000 Index fund which has 0% management fee and no minimum investment! Nobody has an excuse not to be an investor today, you don't need $2500 any longer.
2
Hircus
2019 Sep 1, 4:02pm
Hircus
2019 Sep 1, 4:02pm
One thing's for sure - this is the year where all mutual funds have amazing 10 yr return stats lol.
3
CBOEtrader
2019 Sep 1, 4:39pm
CBOEtrader
2019 Sep 1, 4:39pm
What's a decent 10 year return for a mutual fund?
Problems: you are exposed to 100% of the downside and pay fees annually.
Problems: you are exposed to 100% of the downside and pay fees annually.
4
MisdemeanorRebel
2019 Sep 1, 4:46pm
MisdemeanorRebel
2019 Sep 1, 4:46pm
Why do y'all prefer Mutual Funds over ETFs?
Particularly Index Funds?
Honest question.
Particularly Index Funds?
Honest question.
5
CBOEtrader
2019 Sep 1, 4:53pm
CBOEtrader
2019 Sep 1, 4:53pm
HonkpilledMaster says
At least ETFs have liquidity. If you dont need that, I'd put safe money into something less exposed
Why do y'all prefer Mutual Funds over ETFs?
Particularly Index Funds?
Honest question.
At least ETFs have liquidity. If you dont need that, I'd put safe money into something less exposed
6
BayArea
2019 Sep 1, 5:00pm
BayArea
2019 Sep 1, 5:00pm
CBOEtrader says
In the last 10yrs (taking into account that it has been a bull market over most of that time), 10-14% per year
What's a decent 10 year return for a mutual fund?
Problems: you are exposed to 100% of the downside and pay fees annually.
In the last 10yrs (taking into account that it has been a bull market over most of that time), 10-14% per year
1.) Growth Mutual Fund
2.) Growth and Income Mutual Fund
3.) Aggressive Growth Mutual Fund
4.) International Mutual Fund
Leaning towards Vanguard. What do you all recommend?
Thanks