- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Talk to me about American Funds
Posted on 7/12/19 at 7:54 am
Posted on 7/12/19 at 7:54 am
ABALX
6
Posted on 7/12/19 at 8:53 pm to Brobocop
no thanks
Posted on 7/12/19 at 9:17 pm to Brobocop
Solid post
Posted on 7/12/19 at 9:19 pm to Brobocop
5 year return is at 6% but its been hammered a bit this year. Only .8% this year. 10% over ten years.
Looks like it follows the large Capex companies. Ive got about 45k between 5 of the funds within American Funds. We have a financial advisor and it seems like these are straight forward funds that don't require a ton of thought.
Looks like it follows the large Capex companies. Ive got about 45k between 5 of the funds within American Funds. We have a financial advisor and it seems like these are straight forward funds that don't require a ton of thought.
Posted on 7/13/19 at 12:18 am to bayoutiger225
American Funds have 5.75% load,that’s why financial advisors push them.They are fairly good funds as far as funds go but the load is a deal killer for me.Would be better off with S&P 500 index fund with discount broker.The load is a significant drag on returns over time.
Posted on 7/13/19 at 1:52 am to LSUA 75
Most all mutual funds have a 5.75% front end load if you invest less than $25k into their A share. The fund company sets the sales charge, not the brokerage firms.
Posted on 7/13/19 at 5:11 am to Shepherd88
Americanfunds is what I am offered through work. Im in GFACX, remains to be seen... Definitely not a fan of the expenses
Posted on 7/13/19 at 11:39 am to rocksteady
You must have a simple Ira? that’s the only reason I’d hope you’d be in a C share. Growth fund of America has crushed it over the past 10 years but mainly cause it’s heavy in the FANG stocks.
It’s gotten to a point (with a lot of other American funds) to where the managers are handcuffed in making changes due to such large capital gains from the internal holdings.
Because of such, most would have been better off with an index fund at a lower cost, since that’s pretty much what American funds have been over the past 10-15 years.
It’s gotten to a point (with a lot of other American funds) to where the managers are handcuffed in making changes due to such large capital gains from the internal holdings.
Because of such, most would have been better off with an index fund at a lower cost, since that’s pretty much what American funds have been over the past 10-15 years.
Posted on 7/15/19 at 8:43 am to Shepherd88
American Funds is ok, but a lot of their funds are so big it basically like owning the index.
Posted on 7/15/19 at 8:53 am to Brobocop
Financial advisors love to sell them because they get a nice commission.
I run away when I hear American Funds.
I run away when I hear American Funds.
Posted on 7/15/19 at 8:55 am to crazycubes
quote:
Financial advisors love to sell them because they get a nice commission.
As opposed to everyone else who works for free, right?
Posted on 7/15/19 at 9:02 am to crazycubes
Car salesmen sells cars
Real Estate agents sell real estate
Ad execs sell ad space
Oilfield salesman sells oilfield shite
Pharma rep sells pharma shite
....and on....and on....and on
Real Estate agents sell real estate
Ad execs sell ad space
Oilfield salesman sells oilfield shite
Pharma rep sells pharma shite
....and on....and on....and on
This post was edited on 7/15/19 at 9:03 am
Posted on 7/15/19 at 9:10 am to Brobocop
The misinformation on this thread is stunning. Of course, OP didn't give anything to go off of...
Do you have a real question, or should you really have just typed that into google?
quote:It's a balanced fund... Has 37% bonds in it too.
Looks like it follows the large Capex companies.
quote:This is true, but you may very well have the load-waived depending on what the hell you're doing (which you didn't mention).
American Funds have 5.75% load,that’s why financial advisors push them.
quote:I think this is the winner of most accurate statement on the thread. Congrats. Two internet points for you.
American Funds is ok, but a lot of their funds are so big it basically like owning the index.
Do you have a real question, or should you really have just typed that into google?
Posted on 7/15/19 at 10:58 am to Brobocop
I have an American Funds Target Date R3 401k through my employer, they match 1:1 up to 6%. Since I'm an idiot when it comes to the market, the "set it and forget it" plan is better for me. We also have a Raymond James financial advisor that's a free service to all employees.
I haven't had any complaints so far, but what do I know.
I haven't had any complaints so far, but what do I know.
This post was edited on 7/15/19 at 11:05 am
Posted on 7/15/19 at 3:30 pm to Shepherd88
Yes Shepherd, it is a simple ira
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News