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Old 01-31-2009, 12:04 AM
Will Trice
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Default Re: Are Mutual Funds Worth It?

Rich Carreiro wrote:
- quote -

> And heck, back in the investment club
> hayday, DRIP plans were all the rage.


That's why I specifically noted DRIPs as having a similar complication.

-Will

william dot trice at ngc dot com

 
Old 01-29-2009, 02:20 AM
Rich Carreiro
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Posts: n/a
Default Re: Are Mutual Funds Worth It?

Will Trice <me[at]invalid.com> writes:

- quote -

> Rich Carreiro wrote:
> > A capital gain distribution no more "complicates" the basis of
> > a mutual fund than an ordinary dividend "complicates" the basis
> > of an individual stock.

> You're right, of course. What I really meant is that the automatic
> reinvestment of capital gains distributions that often occurs when
> investing in funds complicates the tracking of the basis of individual
> shares of the fund that are owned. Is that better wording?


No. :-)

Many (most?) brokers will allow free reinvestment of dividends
from individual stocks. And heck, back in the investment club
hayday, DRIP plans were all the rage. Either way, they'll "complicate"
things for individual stocks as much or as little as distributions
"complicate" things for mutual funds.

--
Rich Carreiro rlc-news[at]rlcarr.com

  #-1  
Old 01-29-2009, 01:18 AM
Will Trice
Guest
 
Posts: n/a
Default Re: Are Mutual Funds Worth It?

Rich Carreiro wrote:

- quote -

> A capital gain distribution no more "complicates" the basis of
> a mutual fund than an ordinary dividend "complicates" the basis
> of an individual stock.


You're right, of course. What I really meant is that the automatic
reinvestment of capital gains distributions that often occurs when
investing in funds complicates the tracking of the basis of individual
shares of the fund that are owned. Is that better wording?

-Will

william dot trice at ngc dot com

 

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funds, mutual, worth
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