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Market Watch 2019.

Old 12-27-2018, 10:01 AM
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Originally Posted by Legal Bill View Post
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.
Bill;

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

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Old 01-03-2019, 03:19 PM
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Old 01-03-2019, 05:57 PM
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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.
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Old 01-04-2019, 05:15 PM
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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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Old 01-04-2019, 07:51 PM
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Up today who knows what next week will bring. So glad to be out of it.
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Old 01-04-2019, 08:57 PM
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Originally Posted by S2KRAY View Post
Up today who knows what next week will bring. So glad to be out of it.
That's a nice feeling when there is a downturn. But, when it all swings up again...... and it will, all you can do is watch.
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