Quote:
Originally Posted by solarguy09
Being the novice, it is hard for me to compare my funds to anything other than similar funds of it's kind. But they are so sliced up, I can't compare them to anything individual ..
A lot of my stuff doesn't follow the Market...Heck, some of my Gold funds don't even follow the price of Gold...
So I am still figuring things out.. I am just trying to limit my errors, and any  under performing..
but the process of learning, and the rewards of doing something, are well ....addicting.. 
P.S. If their funds are down 20%, they have the wrong funds... |
Well -- that's the big issue with funds -- it's really so hard to accurately gauge the performance. Most are just mediocre... and when you factor in the 1% fees (many are slightly less and many are more)... that's just money for nothing. You funds - except the one - are decent. But I still would be willing to bet that you can do BETTER on your own.
Ya know -- 1% fee on a 100K IRA account is 1 grand.... after 10 years -- that's 10 grand in someone else's pocket. It's one thing if I'm paying people to MAKE me money - then one could argue that the 1% is money well spent... but when people wake up and after 10 years they're barely ahead... then that fee is beyond stupid! 100 grand - after 10 years - better be 200 grand or something is wrong!