What do you think about this fund??? Just doing my research.
Logging in...
Would you buy this fund USCGX???
Collapse
X
-
I owned quite a bit of it in my IRA for a long time. I sold it off to buy stocks but it's Hard to go wrong with USAA and USCGX is I believe still a five star fund. I believe the money manager is newer and I believe took over within the last year or so, so keep an eye on it, but I would still recommend it.
-
-
Originally posted by Taribor View PostI owned quite a bit of it in my IRA for a long time. I sold it off to buy stocks but it's Hard to go wrong with USAA and USCGX is I believe still a five star fund. I believe the money manager is newer and I believe took over within the last year or so, so keep an eye on it, but I would still recommend it.
Also, it has 20.16% in financial stocks which are still not good investments right now as they are still raising capital which results in dilution for all other shareholders. I am also of the belief that ETFs are investors best bet unless there are no ETFs for the segment of the market you want to invest in.
Comment
-
-
I don't know beans about that particular fund, but here's some general rules...
1) Avoid paying commission fees. Buy only no-load funds.
2)Beware of 12b-1 fees. To find out what they are? Read through the prospectus. Yes, that boring document!!
c)Make sure the management fees don't exceed 1%.
Comment
-
-
Originally posted by LuxLiving View PostI don't know beans about that particular fund, but here's some general rules...
1) Avoid paying commission fees. Buy only no-load funds.
2)Beware of 12b-1 fees. To find out what they are? Read through the prospectus. Yes, that boring document!!
c)Make sure the management fees don't exceed 1%.
Comment
-
Comment