Year-to-Date Passive Income
This is definitely the first time I ever checked the total passive income generated in the middle of the year. I usually crunch the numbers once a year when I fill the tax returns. Out of curiosity, I spent nearly an hour last night and summarized the money that are generated by money for 2006 [...]
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 [...]
Buffalo Small Cap: Keep It Or Dump It?
BUFSX has been part of my taxable investment portfolio since the beginning of 2002 when I started to invest. Since then, I have been dollar-cost-averaging $100 into this fund every month and the fund’s return was superior: 51.2% in 2003 and 28.8% in 2004 according to Morningstar.
However, the fund started to lag not only [...]
Vanguard Wellington Fund Closed To Brokerage Firms
I owned Vanguard Wellington Fund in my IRA account with Scottrade since 2001 and I am very happy with the fund’s performance. The only problem I have is Scottrade.
I have both my taxable account and retirement account with Scottrade for more than five years, and they used to be very good: low fee, online [...]
