Market Watch 2019.
12-27-2018, 09:01 AM
#81
It does hold a lot of tech, but that really doesn't explain the small one day drop. The fund's value is a direct reflection of its holdings. When everything it holds goes up 5% in a single day, so should the value of the shares, right? Morningstar rates its costs as lower than its peers, so that can't be it.
The fund made a long term capital gain distribution of $1.022 on 12/26.. That would have lowered the funds NAV a little if it was applied before the market closed.
And you're right about the expense. I relied on the Morningstar statement below. I should have looked further to the table shown below
MORNINGSTAR:
The fund's expense ratio has ranged from 0.77% to 0.96% during the past decade, the latter being hard to justify (even with good performance) given its large asset base.
MORNINGSTAR:
FDGRX
Category (Large Growth)
History .................................................. 2014 2015 2016 2017 2018
Expense Ratio........................................... 0.82 0.88 0.77 0.85 —
Morningstar Category Average ...................1.17 1.16 1.15 1.11 1.13
Fee Level Comparison Group Median ......... 0.95 0.92 0.90 0.89 0.88
Category (Large Growth)
History .................................................. 2014 2015 2016 2017 2018
Expense Ratio........................................... 0.82 0.88 0.77 0.85 —
Morningstar Category Average ...................1.17 1.16 1.15 1.11 1.13
Fee Level Comparison Group Median ......... 0.95 0.92 0.90 0.89 0.88
01-03-2019, 02:19 PM
#82
Community Organizer
01-03-2019, 04:57 PM
#83
Another wild day today. Seems like it's the norm lately
Maybe or maybe NOT nearing the end of this bull market.....
Our economy still in pretty good shape but Europe and China not doing too well.
01-04-2019, 04:15 PM
#84
Good news on the jobs and income front today. Big jump in the Dow. Is it another saw tooth on a long downward slide, bargain hunters buying, or a return of greed over fear?
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john d (01-19-2019)
01-04-2019, 07:57 PM
#86
01-18-2019, 01:27 PM
#87
Community Organizer
I am still VERY negative on this market.
I just don't believe all things are awesome again! Things going up are all based on speculation that things MIGHT get better with trade, that China MIGHT buy more from USA and the FED MIGHT not hike again.
Never mind that the Govt. is still shut down, Brexit, China's economy is slowing and a number of other world economy are slowing too. Earnings are falling and Netflix just raised it's prices, TSLA just slashed it's workforce...........yeah not seeing things being all rosy!
I just don't believe all things are awesome again! Things going up are all based on speculation that things MIGHT get better with trade, that China MIGHT buy more from USA and the FED MIGHT not hike again.
Never mind that the Govt. is still shut down, Brexit, China's economy is slowing and a number of other world economy are slowing too. Earnings are falling and Netflix just raised it's prices, TSLA just slashed it's workforce...........yeah not seeing things being all rosy!
01-19-2019, 02:40 AM
#88
I am still VERY negative on this market.
I just don't believe all things are awesome again! Things going up are all based on speculation that things MIGHT get better with trade, that China MIGHT buy more from USA and the FED MIGHT not hike again.
Never mind that the Govt. is still shut down, Brexit, China's economy is slowing and a number of other world economy are slowing too. Earnings are falling and Netflix just raised it's prices, TSLA just slashed it's workforce...........yeah not seeing things being all rosy!
I just don't believe all things are awesome again! Things going up are all based on speculation that things MIGHT get better with trade, that China MIGHT buy more from USA and the FED MIGHT not hike again.
Never mind that the Govt. is still shut down, Brexit, China's economy is slowing and a number of other world economy are slowing too. Earnings are falling and Netflix just raised it's prices, TSLA just slashed it's workforce...........yeah not seeing things being all rosy!
01-19-2019, 07:21 AM
#89
Feeling bad for the people who are greatly effected by this shut dow. Some can't pay their bills and are really struggling. No politics here, just sadness that we got to this point.
01-19-2019, 08:26 AM
#90
Thread Starter
I agree, but I'm keeping it in perspective. Those in the private sector have lived through mergers, layoffs, closings, firings, force reductions, reorganizations, and bankruptcies. Economic downturns can result in the loss of millions of jobs as we all saw ten years ago. I feel bad for all of them, but with regard to the shutdown, I take into account that the federal workers will receive their back pay, and still have their jobs and benefits after their departments are funded again.