On Sep 27, 5:09 am, "D T W .../\\..." <vze3n...[at]verizon.net> wrote:
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I have no idea but I would guess the next day.

Before you go hog wild, here, I have to point out that my analysis is
based on ONE fund. Granted, it's 20 years of history and a fairly
diverse fund containing 500 stocks. But if the timing of dividend and
capital gains distributions has anything to do with it, the optimal
date will vary from fund to fund.

--Bill

Bill Woessner wrote: "the 25th is actually the best day of the month to
buy"

Now I guess that I have to check with my investment firm. I'm sure it's in
the fine print somewhere! If I set up the auto withdrawal from my bank
account on the 25th. Does it get invested in the mutual fund on that day?
--
DTW .../\.../\.../\...


"Bill Woessner" <woessner[at]gmail.com> wrote in message
news:1190842153.070210.207980[at]w3g2000hsg.googlegroups.com...
- quote -

On Sep 25, 7:18 pm, "D T W .../\\..." <vze3n...[at]verizon.net> wrote:
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This post was just BEGGING for some analysis. And since I have a lot
of time on my hands, I went ahead and did it. I used Yahoo's
"adjusted" data for VFINX which goes back to 3-27-87. I discovered
that the 25th is actually the best day of the month to buy and the
31st is the worst. The difference is slight, only a 0.0757%
difference in annualized return. But, hey, if you can get it for
free, why not?

I won't even begin to speculate on why this is. To do so is to try to
get in to the minds of day traders and the like. Plus there's
whatever effect the mind-bogglging tax code has. I also can't really
say this result is statistically significant. It's just what the data
dictates over the past 20 years.

--Bill

On Sep 25, 7:18 pm, "D T W .../\\..." <vze3n...[at]verizon.net> wrote:
- quote -

There is some evidence http://www.cxoadvisory.com/blog/internal/blog4-05-07/
that stock returns are higher around the turn of the month, so I'd
suggest investing before that period, although it will not make a big
difference. People making monthly withdrawals may want to take them
afterwards.

D T W .../\... wrote:

- quote -

You can look up the days the fund distributes its dividends and cap
gains, and buy in after that. While it's silly to buy a fund on Monday
and get a dividend on Tuesday for a $5000 purchase, for the $100, it's
really a non-issue.
You do need to be aware that you will need to track the purchases, 12
per year plus any dividends and cap gains that are reinvested. A
spreadsheet can easily do the trick.
Whatever you are investing in, you would likely benefit by diversifying
at some point, maybe when the account passes $10K.

JOE

I want to make $100 systematic monthly withdrawals from my bank
checking account to a taxable mutual fund.

I currently have a $5000 balance in the mutual fund.

The investment firm's web site allows setting up the deduction
on any day of the month.

Other than my checking account balance, what should I take into
account when deciding on which day to withdraw?

--
DTW .../\.../\.../\...