Thread: Investing 102
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Old 01-11-2012, 07:33 PM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by solarguy09 View Post
Again I am still learning, so bear with me. I really hate 401K and the Mutual Funds in them... Fees and terrible choices....

But in my Schwab self run plan, I do own , along with many other things, these Mutual Funds. I am not saying to buy them, remember , I am a novice, but I picked Great performers, but i am not sure if it is the best route..

I have the following

OIBAX,LSBRX,TGLDX,TPICX,SAMIX,TGINX,PTTDX,

I did the research, and these picks crush the similar funds of others..

But I am going to have to do so much homework after reading this thread...



Here is the AVERAGE ANNUAL RETURN PRE TAX....

So here's the thing -- If I can get a 5% DIVIDEND annually -- that's near where your total return is on some of these! And that's discounting any growth in the share price! Still -- there's a couple good ones in there and if you can get 10% annualized growth rate - that's doing pretty well. Not great - but "okay". The GOLD fund -- TGLDX is the one that's gone exceptional... so lucky you IF you bought it 3 plus years ago. I wouldn't buy it now thats for sure because that would be to assume gold is going higher from here... and I wouldn't make that bet.


The OBIAX 10.47%

The SAMIX 5.29%

The LSBRX 9.71%

The TPICX since inception is DOWN 7.67%

The TGINX 10.04%

The PTTDX 6.47%

The TGLDX 23.80%
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