Aces High Bulletin Board

General Forums => The O' Club => Topic started by: Seagoon on October 20, 2005, 09:23:14 PM

Title: Mutual Funds?
Post by: Seagoon on October 20, 2005, 09:23:14 PM: Hi Guys,

My retirement fund of late has been doing appallingly (lost $568 during the last period) and so far my employer contribution is the only "growth" portion of the account. I'm allowed to change the investment contributions within the account as much as I want, but so far all I've been able to pick are dogs. Here's the list of plans I can go with:

    SMALL CAP (LORD ABBETT)     $1.25     10/19/2005
   MID CAP GROWTH (ARTISAN)    $1.89    10/19/2005
   LARGE CAP GROWTH (WADDELL)    $1.49    10/19/2005
   VALUE (MUTUAL SHARES)    $3.02    10/19/2005
   STOCK INDEX (VANGUARD)    $1.75    10/19/2005
   FOREIGN STOCK (TEMPLETON)    $2.15    10/19/2005
   BOND (FPA)    $1.61    10/19/2005
   MONEY MARKET (VANGUARD)

My current elections are Bond (50%) and Small Cap (50%).

Anyone good with this stuff got any advice? Which fund are you with and how is it doing? Got to admit, investing is something I know absolutely diddly about.

- SEAGOON
Title: Mutual Funds?
Post by: Hangtime on October 20, 2005, 09:24:46 PM: <-- speachless. (also clueless)
Title: Mutual Funds?
Post by: Dago on October 20, 2005, 09:28:13 PM: I got a fair amount in small cap, it has been doing quite well the last year or two.

I dont offer advice, I dont consider myself an expert, and I dont want responsibility for others money.
Title: Mutual Funds?
Post by: oboe on October 20, 2005, 09:39:39 PM: Big Oil and Halliburton look quite profitable for a couple more years.
Title: Seagoon 'ol squaddie...
Post by: Hwkeye on October 20, 2005, 10:19:52 PM: I guess that you have forgotten that I am a Financial Advisor with 20 years experience!!

For you Pro Bono advice! ;)

Call me (800) 820-8772 x129

or email me lerobinson1@netscape.net
Title: Re: Seagoon 'ol squaddie...
Post by: Seagoon on October 20, 2005, 10:55:39 PM: Quote
Originally posted by Hwkeye
I guess that you have forgotten that I am a Financial Advisor with 20 years experience!!

For you Pro Bono advice! ;)

Call me (800) 820-8772 x129

or email me lerobinson1@netscape.net

Doh!

[Hits self in head] I had forgotten that silly me. Sorry Hawkeye.

I was just sitting around lamenting my last statement (not only that the amount is so small, but that I seem to only be good at making it even smaller)

I'll be in touch, but I feel bad about the pro-bono thing. Can I at least send you a cigar or something? ;-)

- SEAGOON
Title: Mutual Funds?
Post by: Wolfala on October 21, 2005, 11:25:28 AM: I had the Templeton which was doing abysmally the past few years till I ****canned it about 2 months ago. Vanguard i've done alright with, but its an Index fund that follows the S&P 500 - lately its been down but was hovering around 112-113 the last 6-8 months. Its at 108 now, but thats not a big deal. Templeton I got rid of because of poor performance and maintnence costs.

1 major reason i'm a fan of no-load MF's.
Title: Mutual Funds?
Post by: Ripsnort on October 21, 2005, 01:32:25 PM: Quote
Originally posted by oboe
Big Oil and Halliburton look quite profitable for a couple more years.

Its always been a good investment.
Title: A Cigar works for me!!!
Post by: Hwkeye on October 21, 2005, 03:44:16 PM: As a Financial Advisor & Principal for my company I am not allowed to comment on investment topics via the internet (which includes email) without prior Broker Dealer/Registered Investment Advisor approval. So a phone call or email from you is the way to go Andrew. Just expect any response to be via phone or in writing.