Comments on: T. Rowe Price Automatic Asset Builder http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/ Fri, 20 Nov 2009 19:09:54 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Investing with a Small Amount: Stocks or Mutual Funds? http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/comment-page-1/#comment-49759 Investing with a Small Amount: Stocks or Mutual Funds? Thu, 15 Jan 2009 03:25:31 +0000 http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/#comment-49759 [...] For instance, funds from T. Rowe Price don’t require any initial requirement when using their Automatic Asset Builder program with $50 monthly contribution and TRP has quite some good funds to choose [...] [...] For instance, funds from T. Rowe Price don’t require any initial requirement when using their Automatic Asset Builder program with $50 monthly contribution and TRP has quite some good funds to choose [...]

]]> By: Jacob http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/comment-page-1/#comment-41880 Jacob Tue, 08 Apr 2008 03:12:28 +0000 http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/#comment-41880 T Rowe Price is truly where it's at. I work for Wells Fargo bank with an investment branch and for the do it yourself kind of people, T Rowe is second to none. AAB is so key and allows to buy shares high and low over 10, 20 or 30 years. This is going to give any investor right around the avg return since inception on almost all funds. My only complaint would be that the online setup be updated. So dark in the background and could definitely be improved. Even making the #'s bigger would be great. Otherwise T rowe is my recommendation to all do it yourself kind of people. T Rowe Price is truly where it’s at. I work for Wells Fargo bank with an investment branch and for the do it yourself kind of people, T Rowe is second to none. AAB is so key and allows to buy shares high and low over 10, 20 or 30 years. This is going to give any investor right around the avg return since inception on almost all funds. My only complaint would be that the online setup be updated. So dark in the background and could definitely be improved. Even making the #’s bigger would be great. Otherwise T rowe is my recommendation to all do it yourself kind of people.

]]> By: Free Money Finance http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/comment-page-1/#comment-9521 Free Money Finance Fri, 18 May 2007 10:19:21 +0000 http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/#comment-9521 <strong>Star Money Articles for the Week of May 14...</strong> Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: Five Cent Nickel details the importance of buying flood insurance. Blueprint for Financial Prosperity doesn't want to be rich. Consumerism Commentary gives thr... Star Money Articles for the Week of May 14…

Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: Five Cent Nickel details the importance of buying flood insurance. Blueprint for Financial Prosperity doesn’t want to be rich. Consumerism Commentary gives thr…

]]> By: Sun http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/comment-page-1/#comment-9424 Sun Thu, 17 May 2007 01:32:42 +0000 http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/#comment-9424 Savvy Steward: As far as I know, there's no annual account maintenance fee for regular account. The fee is only for IRA account or 519/ESA account. And I checked my account history, I was never charged with the fees. So it's quite a good product in my opinion. MM: Since when you owned DVN? The stock has really performed very well since 2002 (hope you got it at that time :)). I have Progress Energy (PGN), but I only started since late last year through DRIP program. I am going for the dividend. James: Thanks for answering the question for me. I also like a lot the flexibility TRP offers which makes it much easier to do business with them than with Vanguard. Vanguard is a good company with lots of great funds, but the bar is a little bit high. Not just the high initial requirement, they charge account maintenance fee as well. I just couldn't understand why require such a high limit. db: I'd be a little careful with PRNEX now as the fund is approaching all time high largely because the rise of energy price. But if you want to buy a small amount every month without making a big initial investment, it should be fine. Who knows where the oil price will go :) Savvy Steward: As far as I know, there’s no annual account maintenance fee for regular account. The fee is only for IRA account or 519/ESA account. And I checked my account history, I was never charged with the fees. So it’s quite a good product in my opinion.

MM: Since when you owned DVN? The stock has really performed very well since 2002 (hope you got it at that time :) ). I have Progress Energy (PGN), but I only started since late last year through DRIP program. I am going for the dividend.

James: Thanks for answering the question for me. I also like a lot the flexibility TRP offers which makes it much easier to do business with them than with Vanguard. Vanguard is a good company with lots of great funds, but the bar is a little bit high. Not just the high initial requirement, they charge account maintenance fee as well. I just couldn’t understand why require such a high limit.

db: I’d be a little careful with PRNEX now as the fund is approaching all time high largely because the rise of energy price. But if you want to buy a small amount every month without making a big initial investment, it should be fine. Who knows where the oil price will go :)

]]> By: db http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/comment-page-1/#comment-9392 db Wed, 16 May 2007 06:59:20 +0000 http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/#comment-9392 I was in ICENX in my 401(k) for awhile but eventually dumped it because I didn't like the expense ratio. Otherwise, it's funny you should mention this because I'm a big T.Rowe Price fan. I'm doing my Roth IRA (TRRDX) with them on the systematic investment plan, and I plan to open up a regular brokerage account with them later this month in New Era. DB I was in ICENX in my 401(k) for awhile but eventually dumped it because I didn’t like the expense ratio.

Otherwise, it’s funny you should mention this because I’m a big T.Rowe Price fan. I’m doing my Roth IRA (TRRDX) with them on the systematic investment plan, and I plan to open up a regular brokerage account with them later this month in New Era.

DB

]]> By: James G http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/comment-page-1/#comment-9375 James G Tue, 15 May 2007 21:23:39 +0000 http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/#comment-9375 In response to comment #1, the TRP prospectuses all state: "Accounts employing automatic investing (e.g., payroll deduction, automatic purchase from a bank account, etc.) are also exempt from the [$10 low balance] charge." I am a beginning investor and love TRP's Auto Asset Builder. You can even deposit every other month, every three months, or even one month a year and still reap the benefits of their high-quality funds. For instance, I have 3 TRP funds and one month the AAB purchases for Fund 1, the next month it purchases Fund 2, 3rd month Fund 3, 4th month Fund 1 again. IMO, this is a great way to begin investing since you can manage your asset allocations easily (e.g. 33% stocks 33% bonds 33% cash would be easy to do since you'd just do 1 month for each and then repeat). I'm not affiliated with TRP in any way, and would love the ability to purchase an all-Vanguard portfolio, but until that day comes, I'm happy with AAB. In response to comment #1, the TRP prospectuses all state: “Accounts employing automatic investing (e.g., payroll deduction, automatic purchase from a bank account, etc.)
are also exempt from the [$10 low balance] charge.”

I am a beginning investor and love TRP’s Auto Asset Builder. You can even deposit every other month, every three months, or even one month a year and still reap the benefits of their high-quality funds. For instance, I have 3 TRP funds and one month the AAB purchases for Fund 1, the next month it purchases Fund 2, 3rd month Fund 3, 4th month Fund 1 again. IMO, this is a great way to begin investing since you can manage your asset allocations easily (e.g. 33% stocks 33% bonds 33% cash would be easy to do since you’d just do 1 month for each and then repeat).

I’m not affiliated with TRP in any way, and would love the ability to purchase an all-Vanguard portfolio, but until that day comes, I’m happy with AAB.

]]> By: Moneymonk http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/comment-page-1/#comment-9372 Moneymonk Tue, 15 May 2007 19:55:00 +0000 http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/#comment-9372 I have PRNEX also and that was one of the reasons I bought it because of the low aab. The other reason was Devon Energy ( my knockout stock ) Vanguard is also a good company. But as you said the intial purchase is high I have PRNEX also and that was one of the reasons I bought it because of the low aab. The other reason was Devon Energy ( my knockout stock ) Vanguard is also a good company. But as you said the intial purchase is high

]]> By: Savvy Steward http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/comment-page-1/#comment-9369 Savvy Steward Tue, 15 May 2007 19:37:57 +0000 http://www.thesunsfinancialdiary.com/investing/t-rowe-price-automatic-asset-builder/#comment-9369 Is there a $10 annual fee until you reach $2500? Is there a $10 annual fee until you reach $2500?

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