Anyone like to help me out with a mutual fund? | Page 2 | TigerDroppings.com

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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Anyone like to help me out with a mutual fund?


I just bought into the VDAIX one for $5800.

Do I have to put at least $100 in each month? Will USAA just debit it from my roth account?






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gatorsimz
Florida Fan
cafe risque
Member since Feb 2009
5463 posts

re: Anyone like to help me out with a mutual fund?


quote:

I just bought into the VDAIX one for $5800.

Do I have to put at least $100 in each month? Will USAA just debit it from my roth account?


No you don't have to contribute monthly. Did you select to reinvest your dividends/capital gains?






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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Anyone like to help me out with a mutual fund?


quote:

Did you select to reinvest your dividends/capital gains?



Yes. Good move?






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gatorsimz
Florida Fan
cafe risque
Member since Feb 2009
5463 posts

re: Anyone like to help me out with a mutual fund?


Yep, good move.





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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Anyone like to help me out with a mutual fund?


When will it process? Stills says "open"





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Janky
LSU Fan
Team Primo
Member since Jun 2011
9009 posts
 Online 

re: Anyone like to help me out with a mutual fund?


Mutual funds get priced out at the end of the day.





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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Anyone like to help me out with a mutual fund?


I found that out, will it be in an hour or two? Tomorrow morning?





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matthew25
Ole Miss Fan
Member since Jun 2012
3489 posts

re: Anyone like to help me out with a mutual fund?


FYI - VDAIX has a Vanguard ETF counterpart -VIG. Both are said to track the same portfolio used by Buffett.

Holdings include Wal-Mart, EXXON and Chevron, IBM, 3-M, Coke and Pepsi, Lowe's, Nike.






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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Anyone like to help me out with a mutual fund?


That's the one I put money in. Think it will process tomorrow?





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Janky
LSU Fan
Team Primo
Member since Jun 2011
9009 posts
 Online 

re: Anyone like to help me out with a mutual fund?


You should now see it.





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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Anyone like to help me out with a mutual fund?


I do, so, is this something I just let sit for a long time?

I noticed the fund 'started' in 2006. Do these funds ever close or get broken up?






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Janky
LSU Fan
Team Primo
Member since Jun 2011
9009 posts
 Online 

re: Anyone like to help me out with a mutual fund?


quote:

do, so, is this something I just let sit for a long time?


Yes

quote:

I noticed the fund 'started' in 2006. Do these funds ever close or get broken up?


Sometimes if the fund gets too big they will close it to new investors. It doesn't happen very often though.






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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Anyone like to help me out with a mutual fund?


quote:

do, so, is this something I just let sit for a long time?


Yes


Ballpark length? 5 to 10 years? 30 years?







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matthew25
Ole Miss Fan
Member since Jun 2012
3489 posts

re: Anyone like to help me out with a mutual fund?


I bought my Vanguard 500 Index and Health Care funds in July, 1997. Paid $50k for the HC Fund. Today the value is $187k.

And, since we are all getting older, prospects for continued growth are good, so I'm going to keep it. I am, however, looking at some bond funds to lessen exposure to stocks.






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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Anyone like to help me out with a mutual fund?


Have you added anymore than 50k?





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matthew25
Ole Miss Fan
Member since Jun 2012
3489 posts

re: Anyone like to help me out with a mutual fund?


No additions from me. The dividend reinvestment has made all the difference.

You can find a chart that shows the price in 7/97 and the price today. I don't believe the value has doubled, so the huge difference is b/c of the reinvestments (as someone earlier in the thread pointed out).

As a comparison, when I bought the S&P 500 Index (VFIAX) at the same time, I paid $20K. It is now at $30k. It went below 20k when the market collapsed in '08.

Needless to say, the health care fund has been lights out and you should consider it when you get your next pile of money.






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