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Only one of these funds is a true keeper, the T. Rowe Price New Horizons. It is performing in the top 2% for its fund category over the last 5 and 10 years.
The Vanguard 500 Index is a average performer at best over the past 10 years. Only performing in the top 34% for its fund category.
The remaining funds look good over the 10 year period but have very average performance in recent years. Looking to the future with these fund, I think you can do better.
No big whoop here. pretty silly stuff really....what if your company offers all or two/three/or 4 of them? If you look at the top 25 holdings in say the S&P 500 index and then the say the Fidelty Contrafund for instance you are going to find many of the same stocks. There goes you diversification. The chances of one company offering all of these funds is just about Nil....anyway. But you definitely need all of them in order to get broad exposure to the markets.
Here is a little for instance....he mentions, goog, msft, ge, appl as holdings in a couple of the funds. Well, if someone happens to pick those two funds...you are f'ed when the word deversifiication comes up. So many time I talk to people who say..."I'm fullly diversified, I own 5/6/7 or 8 mutual funds." And many times, more often than not really, several of the top 20 holdings in two or more funds will include several of the SAME stocks. Not only that, but additionally, if they are holding many of the same stocks in the top 20 list, that SHOULD tell you that if one tanks so will the other(s) holding the same issues or issues in the same sector.
Buying a fund now ? Well you have to start sometime I guess- and I hope that you're looking at a long term strategy when assessing these. A semi-annual review of them is also prudent to stay on track with your own goals & risk.
This is just one 'tool in the toolbox'; combine them with other investments for a well diversified portfolio. Hard assets such as real estate, whether residential or commercial, are wonderful cash flow vehicles. You'd be wise to invest in these in your own community, helping to build a strong business community that doesn't necessarily rely on market fluctuations.
A pox upon all brokers, bankers and the lawyers who serve them!
Colorado - Tourism.
North Dakota - Disaster Recovery
Large cities near the ocean - Disaster Supplies
Large cities away from the ocean - Real Estate
Utah - Gay-Friendly Wedding Planner, Florists
It's amazing how many industry trolls still come to these pages trying to influence the conversation with a simple thumbs down. A few of them respond with a lie or two.
Just like FOX channel bloggers who have up to 100 profiles to use so they can dispute every one calling them out for their lies!
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