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I bought some mutual funds about 15 years ago thinking that was a smart to invest for the future. Boy was I wrong. I have yet to see my funds surpass what I've invested. They have declined drastically but finally over the past year things were looking good and they were on an incline. Now in the past few days, I've lost a large amount again. All I was trying to do was recoup my initial investment and I was out of the stock market.
I know they say don't sell during the panic which I'm not intending on doing. I wish I could just get my initial investment back. It seems like I'm in it for the long haul again. I'm 40 now, so maybe I will see my initial investment by retirement.
BTW, my mutual funds are solid, at least I think. I own TWCUX and BREAX.
I bought some mutual funds about 15 years ago thinking that was a smart to invest for the future. Boy was I wrong. I have yet to see my funds surpass what I've invested. They have declined drastically but finally over the past year things were looking good and they were on an incline. Now in the past few days, I've lost a large amount again. All I was trying to do was recoup my initial investment and I was out of the stock market.
I know they say don't sell during the panic which I'm not intending on doing. I wish I could just get my initial investment back. It seems like I'm in it for the long haul again. I'm 40 now, so maybe I will see my initial investment by retirement.
BTW, my mutual funds are solid, at least I think. I own TWCUX and
BREAX.
I am in a similar dilemma but I have only had the fund for three months. The guy at the Vanguard told me that I should hang on. Don't you think 15 years is a long time to not realize a gain? Do you think that you would have done better if you would have put the money in a Cd? I remember making 6% from a 18 month CD in 2000. I am confused.
The problem is not investing in mutual funds, to me, it could be the fund (or funds) that you invested your money in 15 years ago could be the problem. Many people have made a ton of $$ investing in mutual funds/equities over the past 15-20 yrs. Not all funds are alike...many are real stinkers w/high fees and lousy management.
Here's a chart on the S&P annualized returns over the past 20 years....
The problem is not investing in mutual funds, to me, it could be the fund (or funds) that you invested your money in 15 years ago could be the problem. Many people have made a ton of $$ investing in mutual funds/equities over the past 15-20 yrs. Not all funds are alike...many are real stinkers w/high fees and lousy management.
Here's a chart on the S&P annualized returns over the past 20 years....
Wow! I looked at the expense ratios for those funds and they are quite expensive...
1.00% for TWCUX and 1.60% for BREAX.....
Very hard to do well against their benchmarks w/expense ratios that high.
Even so, if you invested 10k back in 8/96 in TWCUX you should be sitting aro 18-19K right now......
Maybe your entry poinnts are different than what you posted earlier...?
I think the BREAX was back in 1999 and TWCUX ($32.66) was about 12 years ago I believe. I have to look into it.
Last edited by beckycat; 08-09-2011 at 03:01 PM..
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They have declined drastically but finally over the past year things were looking good and they were on an incline. Now in the past few days, I've lost a large amount again. 
All I was trying to do was recoup my initial investment and I was out of the stock market. 
