The general market was up yesterday, most funds up few points, even
most all AC funds up but ASVIX American Century Small cap was down
12%!!! I have never seen a fund drop like that on most down days much
less an up day. What gives? aAso most places show the price drop but
MSN Money shows only a few cents drop!!! I have lot in the fund and
very worrined.
When you invest your hard earned dollars you should have a basic
understanding of what you are buying. Don't worry about the drop in price,
read the prospectus. I hope this in't a taxable account.
<> wrote
> The general market was up yesterday, most funds up few points, even
> most all AC funds up but ASVIX American Century Small cap was down
> 12%!!! I have never seen a fund drop like that on most down days much
> less an up day. What gives? aAso most places show the price drop but
> MSN Money shows only a few cents drop!!! I have lot in the fund and
> very worrined.
>
no, its a 401K and I know prices can drop but not like tbis on up day
and none of the holdings lost that much, does not make since unless its
a yearly dist. but that much?
<> wrote
does not make since unless its
> a yearly dist. but that much?
>
You're getting warm. Did you check their website?
!2/6/2005
$0.6227 short term gain
$0.7155 long term gain
That's $1.3382 off the NAV.
Ed wrote:
> When you invest your hard earned dollars you should have a basic
> understanding of what you are buying. Don't worry about the drop in price,
> read the prospectus. I hope this in't a taxable account.
I think every single year I've been on this NG, at least one investor
has posted a question near the end of the year wondering why there are
such big drops in NAV.
Just like that other perennial question we get as April 15
approaches--why someone is being taxed on capital gains when they've
actually lost money in their fund over the year.
If there were a FAQ for this NG, those two questions would head the list.
--
Steven D. Litvintchouk
Email:
Remove the NOSPAM before replying to me.
wrote:
> The general market was up yesterday, most funds up few points, even
> most all AC funds up but ASVIX American Century Small cap was down
> 12%!!! I have never seen a fund drop like that on most down days much
> less an up day. What gives? aAso most places show the price drop but
> MSN Money shows only a few cents drop!!! I have lot in the fund and
> very worrined.
x-dividend. Check the total number of shares you now own or the total
amount in your account.
"Steven L." <> wrote
> Ed wrote:
>
>> When you invest your hard earned dollars you should have a basic
>> understanding of what you are buying. Don't worry about the drop in
>> price, read the prospectus. I hope this in't a taxable account.
>
> I think every single year I've been on this NG, at least one investor has
> posted a question near the end of the year wondering why there are such
> big drops in NAV.
>
> Just like that other perennial question we get as April 15 approaches--why
> someone is being taxed on capital gains when they've actually lost money
> in their fund over the year.
>
> If there were a FAQ for this NG, those two questions would head the list.
Ed wrote:
> "Steven L." <> wrote
>
>
>>Ed wrote:
>>
>>
>>>When you invest your hard earned dollars you should have a basic
>>>understanding of what you are buying. Don't worry about the drop in
>>>price, read the prospectus. I hope this in't a taxable account.
>>
>>I think every single year I've been on this NG, at least one investor has
>>posted a question near the end of the year wondering why there are such
>>big drops in NAV.
>>
>>Just like that other perennial question we get as April 15 approaches--why
>>someone is being taxed on capital gains when they've actually lost money
>>in their fund over the year.
>>
>>If there were a FAQ for this NG, those two questions would head the list.
>
>
>
Gee, it's been so long since the thing was updated, I had forgotten
about it. Maybe it's time to update it and repost it.
--
Steven D. Litvintchouk
Email:
Remove the NOSPAM before replying to me.