Mutual fund
Net Worth Update
One of my mutual fund holdings, Columbia Strategic Investor Z (CSVFX), lost more than $2.60 in NAV on September 20th. At that time, I thought it must be due to income distributions. But I forgot to check my account from their website and didn't take the distribution into consideration when calculating my September net worth.
Last [...]
Moving Part of My Roth IRA to Vanguard
Back in July, I learned from Scottrade, which holds my Roth IRA account, that one of my favorite Vanguard funds, Vanguard Wellington fund (VWELX), is closed to investors who invest in the fund through a brokage firm. I have been investing in the fund since 2001 and have no plan to give up my positions. [...]
Mutual Fund Distributions: What are They?
There’s an article in the T. Row Price Investor magazine I received today on mutual fund distributions. If you are a new mutual fund investor or planning to invest into mutual funds, it could used as fundamentals about mutual fund investing. So I summarized and expanded the article a little bit for this post.
Ok, what [...]
Dogs of the Dow?
On my way to work this morning, I heard Bloomberg radio (yes, I alsmost never dailed any music channel) mentioned a mutual fund that has a 12-month return of 18% (maybe the number I remembered is a little bit off, but it's in that area). The return was great but I think there are plenty [...]
Understanding M*’s Star Rating
If you are a mutual fund investor, chances are you have seen Morningstar’s star rating every where, on fund family’s website, on Yahoo! Finance (where you can find a comprehensive list of funds and fund families), even on funds’ ads. Common sense tells us a fund with five stars should outperform a two-star fund, the [...]
