First 529 College Savings Plan Performance Update
I have made the first performance update! The first automatic investment is 01-Apr-2010, so I thought I would provide an update in the month of March. No additional shares have been purchased since the initial investment, so there are only NAV changes. The good news is that every fund has increased in value. The T. [...]
Front-End Sales Charge for the Growth Fund of America (CGFAX)
Bad news: I just checked into the front-end sales charge for the Growth Fund of America (CGFAX). The sales charge is 5.75% if your balance is $0–$25,000 and 5.00% if your balance is $25,001–$50,000. I recall that a lot of the actively managed 529 funds do have a front-end sales charge, so this is not [...]
Benchmark Mutual Funds Determined
So I have searched the available funds and found two 529 funds that I am going to use as benchmarks to grade myself against. I am happy with the actively managed fund. It is a fund with a strong past performance and is managed by a board (as opposed to a single manager). The age-based [...]
The Check Has Been Sent!
The decision has been made and the check has been sent. I went with Vanguard, where I could pick my own index funds. One disadvantage of Vanguard is the minimum starting balance of $3,000. I wish the company would lower that for 529 plans. The starting balance for all three portfolios will be $3,100, which [...]
Hello world!
I think “Hello world!” is appropriate. In this blog I intend to post the performance of the 529 account I have set up for my daughter. I plan on implementing a traditional asset allocation–style portfolio using index funds. I also plan on rebalancing when one fund becomes 5% greater then the starting allocation. I will [...]
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Follow along as I test three portfolios against each other—using my own money! You have read the investment blogs, now see these theories in action.
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