Posts Tagged ‘Fund’

Q&A: What’s a good formula to determine how much return I would need per year from a Mutual Fund?

Question by Mike: What’s a good formula to determine how much return I would need per year from a Mutual Fund?
I’m currently 31 yrs old. I want to retire at 60 yrs old and be able to have one million dollars saved up in a long term Mutual Fund by then. I live in New York City. Considering inflation, what’s a good formula to use to determine how much rate of return is needed from a Mutual Fund so that I would be able to save that much by the time I’m 60? I will be putting in $ 10,000 and additional $ 500/monthly.

Best answer:

Answer by Moody Red
I think you need to talk to someone who knows stocks. Mutual funds would not be my way to go. A 401k, or a 403b through work along with IRA’s . A Roth Ira is a sure bet. But don’t take it from me. Go to a reputable firm like Fidelity and discuss it with them. There is no charge for a consultation.

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Q&A: A name of a loaded mutual fund?

Question by contrawildchild: A name of a loaded mutual fund?
Can someone give me a name of a loaded mutual fund, I can only find information about no load funds. I just need it for a project, I don’t intend on investing in one.

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What’s the difference between the “Dividend” and the “Growth” option of SBI TAX ADVANTAGE FUND – SERIES I

Question by mplmpl: What’s the difference between the “Dividend” and the “Growth” option of SBI TAX ADVANTAGE FUND – SERIES I
In the State Bank of India mutual fund for tax saving http://www.sbimf.com/Product_Details.asp?ProductId=50 there are 2 options for the investor: “Dividend” and “Growth”. The former is said to have “only dividend payout”. Does that mean that the returns under that option will be lesser than the Growth option? What are the advantages/ disadvantages of each option? Will I loose out on anything for having selected Dividend option?
If the stock market crashes (as is happening now), will putting under Growth option give me less returns

Best answer:

Answer by N.J.Reddy
Dividend option means you will be given dividend when ever they announce the dividend. They will not keep the profits with them.

Growth means they do not declare any dividend and they go on reinvesting the profits and finally pay you total amount.

If you need some amount in between for your expenses, then go for dividend option. Otherwise go for Growth option.

In taxation point, whenever they pay you dividend the mutual fund is paying dividend distribution tax to Govt. around 12%. That is a indirect loss to the investor. The growth option will attract capital gains when the amount is drawn from the fund.

If you do not need any amount in between, then growth option is best.

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Besides stocks, real estate investing, mutual fund. Do you consider Life insurace as an investment?

Question by VeryFunnie: Besides stocks, real estate investing, mutual fund. Do you consider Life insurace as an investment?

Best answer:

Answer by Roadkill
Not really get on Dave Ramsey’s web site and see what he says about it.

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Im getting deployed and interested in investing into a mutual fund. any ideas?

Question by Mike R: Im getting deployed and interested in investing into a mutual fund. any ideas?
I need some help in deciding where to invest my money into. I don’t have the time to manage my own portfolio so I think mutual funds are the way to go? Any one have any ideas or advice? Last time I was deployed I had my money invested in CDs, “boring”. Now im looking for a value fund, something I can invest $ 1,000 monthly into. Thanks for your help

Best answer:

Answer by richard t
Take a look at QQQ.top hundred stocks on the nasdac……………it is closed end……………

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Mutual funds transferred to an Index fund?

Question by Franko Rizzo: Mutual funds transferred to an Index fund?
Hey, certainly not the right place to ask important financial questions but did need some quick clarification…

Listening to NPR today and one of the top performing investor’s overall recommendation was that basically, a basic index fund will, on average, out perform any Mutual fund. And, because Index funds have less fees associated with them, the investor really will make out far better in the long run. His advice was, of course, not to pull your money out of your investment account but to perhaps transfer it to an Index Fund.

Since this was really limited information, my question was really about how the mutual fund works. I’ve lost, say, 30k in the 3 different mutual funds I have now. Shouldn’t I just leave the money in (since it’s already a loss) and hope the value goes up in the next 10 years? Or, within the mutual fund are the stocks constantly trading so the stock my mutual fund holds now, will not be the same stock in it 10 years from now. If the later is the case, I can see why moving it to an index fund makes sense. But if investors usually keep the same core stocks, then isn’t transferring my money to an Index fund the same as pulling out of the market? Does this make sense?

Best answer:

Answer by donfletcheryh
Many mutual funds fail to even match the performance of an index fund. Because of this some mutual funds have been investing in index funds for significant parts of their holdings.
That way at least they come close to meeting the index.

If you use a graph of your fund against an index, and see that it moves in step with the index fund, but just a bit lower, the manager is either buying index fund or replicating it within his fund. In that case you can be confident that the index fund will make you at least as much money.

Some funds will make more money in a rising market than an index fund. some will lose less in a declining market. You can decide to go for the fund that works best in the trend of today, but don’t forget to switch before the trend changes.
Nobody ever does that, but hey, it is not part of portfolio balancing.

If everyone invests through index funds, we should have a further barrier to having investors give any guidance to our corporate bodies. Not that most investors do give any guidance.

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Q&A: How do I find the annualized rate of return of a mutual fund?

Question by Kyuu: How do I find the annualized rate of return of a mutual fund?
Goldman Sachs Technology Tollkeeper Fund C (GICTX), from years 2005-2010. Need the rate of return or NAV on Dec 31st, 2010.

Best answer:

Answer by SDD
It would be in their annual report. Or you can calculate it from Yahoo Finance.
There is no ticker GICTX, BTW. It’s GITCX

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What Is The Best Mutual Fund To Invest My Seven Year Old Son’s Money?

Question by hailesellase: What Is The Best Mutual Fund To Invest My Seven Year Old Son’s Money?
I want to start investing money that my seven year old son has saved. I’m thinking about putting it in a mutual fund; which would be the best?

Best answer:

Answer by teodor d
One of the best is a college account from T rowe Price. The university system in my state uses T Rowe and everyone seems to be very keen about it.

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Is it worth investing $30K in mutual fund this late in the yr to avoid capital gain tax?

Question by asjrb: Is it worth investing K in mutual fund this late in the yr to avoid capital gain tax?
I have close to $ 30K to invest. But my concern is that mutual fund will have large capital gain tax this year with the market doing so well. I am concerned about paying large sum to Uncle sam in capital gain tax.
Should I wait til Jan. 2007?

Best answer:

Answer by the dealer
SEEK a financial advisor that works on a flat fee only pay scale. Do not get advice from a commissioned sales person. Make sure they are FEE-ONLY.. check out NAPFA.org

And please don’t ask for financial advice from “internet srangers”

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Q&A: My 401k Mutual fund picks/ are these good? ADVICE!?

Question by Babygirl: My 401k Mutual fund picks/ are these good? ADVICE!?
Below is what my employer has for our Mutual 401k. I contribute 10% to it which is then distributed throughout the different funds. are thses good funds? should i contribute more to one then the other? just wondering othere people expertice

Funds Aggressive Moderate Conservative
BLACKROCK S & P 500 INDEX FUND- 9%
HOTCHKIS AND WILEY LARGE CAP VALUE-9%
RS PARTNERS FUND – 18%
ING INTERNATIONAL VALUE FUND-24%
PIMCO TOTAL RETURN FUND-20%
INTEREST INCOME FUND-20%
im 21 so im looking for the long run
can u identify what each fund is International, domestic ,stock , bonds ects…

Best answer:

Answer by engineer50
Conventional wisdom says that your allocation should depend on your age (time till retirement). If you are in your 20s, probably 90% should be in stock funds. If you are within 10 years of retirement, perhaps 50% should be.

In general, you want exposure to both domestic and foreign stocks, and investment grade bonds. They generally look OK except for the RS Partners fund – I’d stay out of that one – too new and too expensive.

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