Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old 08-24-2007, 10:44 PM
ItalianFX ItalianFX is offline
Senior Member
 
Join Date: Nov 2005
Location: 3 Weeks to Freedom
Posts: 4,808
Default How did my advisor do?

A little background on me: I turned 24 in June. I am a part-time Police Officer. I am graduating from college in December with a BA in Economics. I am very disciplined with saving money. I used to trade/invest in individual stocks, but I did terrible. I also used to trade Foreign Exchange. I never really got much other of either because I basically made every mistake in the book.

Anyways,

I recently got a new financial advisor, and it's free to talk to her because it is through my bank that I am a member of.

About a year ago, I opened an account with American Funds with another advisor - a guy I met in the police academy. He hooked me up with:

EuroPacific Growth Fund 33%
The Growth Fund of America 33%
New World Fund 33%

Those 3 have done very well for me in a 1 year period.

I also had opened a Roth IRA with Fidelity back in 2004 and that has done very well for me over the past 3 years. I held two ETFs that did well, obviously through the great run of the stock market.

Now, I talk to this advisor and she suggests I liquidate my Roth IRA and transfer all of the funds to a Roth IRA with American Funds. She also wanted me to add more money to my mutual fund account.

Now, in my mutual fund account I have:

American Balanced Fund 25%
American High-Income Trust 25%
Capital World Growth and Income Fund 25%
Europacific Growth Fund 10%
The Growth Fund of America 10%
New World Fund 10%
(Those are just rough estimates) The 10% is from what I had before, and the 25% is what I added.

As soon as my Fidelity IRA is liquidated, I will have a Roth IRA that consists of:

Capital World Growth and Income Fund
The Growth Fund of America
The Investment Company of America
New World Fund

I'm assuming there will be 25% in each.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 11:10 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.