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  2. EdLaFave

    Total return vs. daily price of mutual funds

    Sounds like you’re set on this course of action. If you’re ever open to persuasion in the future then I or anybody else can lay out the case for you. Best of luck.
  3. lobewiper

    Total return vs. daily price of mutual funds

    Charting the total returns of mutual funds over custom time periods. I wasn't able to find whether "total returns" or "daily NAV" (share price) was being plotted in the NASDAQ charts. I will look again this weekend. Russ
  4. lobewiper

    Total return vs. daily price of mutual funds

    P.S. Tony, I could not find a way to compare funds on Morningstar on total returns, with each fund's total return listed. If I'm missing something, please advise.
  5. lobewiper

    Total return vs. daily price of mutual funds

    As counterintuitive as it may seem, it is a recipe for disaster to select mutual funds based on past performance, especially over short periods of time. I could explain further, but I didn’t want to step on the soapbox just yet because I’m not sure why you’re wanting to perform the comparison. Russ I have had good results when using the last several months as a predictor of future performance, and I have used successfully that same information to identify risks of continuing to hold seriously underperforming funds. Of course, it's not a magical, silver bullet approach, but it's often better than looking at long term results when one is a relatively short term investor (a year or less). I nonetheless appreciated your response.
  6. tony

    Total return vs. daily price of mutual funds

    This site might help. But not sure its exactly what you are looking for. It will let you do a 5 day ,one month ,three month and beyond comparisons of up to 24 multiple funds on a graph format. you can also compare a fund against its index or any other index. https://www.nasdaq.com/quotes/mutual-fund-comparison-charts.aspx
  7. EdLaFave

    Total return vs. daily price of mutual funds

    Morningstar has what you’re looking for. As counterintuitive as it may seem, it is a recipe for disaster to select mutual funds based on past performance, especially over short periods of time. I could explain further, but I didn’t want to step on the soapbox just yet because I’m not sure why you’re wanting to perform the comparison.
  8. lobewiper

    Total return vs. daily price of mutual funds

    My bad. TIAA does show total returns for the following with respect to their list of all mutual funds (not just TIAA funds): YTD, 1 yr, 3 yrs, 5 yrs, and "since inception." What they don't give is the possibility of comparing funds for the last 1, 2, 3, etc. months, so you can't say, "I'll compare funds based on their performance over the last three months, and not to mention "since May 17, 2018."
  9. Hi all, Would like to know if there is a free or for-fee charting service that plots total returns (i.e., including dividends and capital gains) for mutual fund prices over various time periods, including custom time periods. TIAA reports total returns for a fund's YTD performance, but not for any other time periods. The main free charting sites ( e.g.,yahoo finance, marketwatch) only report NAV's (Net Asset Value-or the share price for a particular day), so when a fund goes ex=dividend, the share price suddenly drops approximately the amount of the dividend (or capital gain), and often with no explanation. Any suggestions?
  10. When I taught Personal Finance I always introduced my students to the concept of occasion response. A marketing ploy where you create a holiday , you promote it heavily and people will then spend tons of money. I mentioned all the money companies can make by getting you to part with your money by creating guilt and a sense of obligation to overspend.. It works .Valentine's day is a good example as is Mother's day and Father's day. If you don't spend big money during these holidays you are nothing but an insensitive heel !! So follow the herd and please overspend . Ha Ha don't fall for it. Oh and all you fathers out there, Happy Father's Day!! https://www.thepennyhoarder.com/life/spend-less-fathers-day-gifts/?aff_id=2&aff_sub2=homepage
  11. Earlier
  12. Last day to register! click here
  13. Hey colleagues: just in case you balked at the $75.00 registration fee, here is the REAL deal: "A registration fee of $75.00 will be paid to LACOE and includes professional development, continental breakfast and lunch. If the teacher attends both days of learning, the registration fee will be refunded by California Jump$tart. In addition, teachers will earn $100 per day of full-day attendance.Raffle: Gift cards and personal financial literacy classroom materials will be raffled throughout the day. An iPad-mini will be raffled at end of the workshop." It doesn't get any better than that!
  14. This is a rare training program, the focus is on personal finance for you and your students. Details are in the image. You only have until June 8 to register! Here is the registration link: Click here
  15. sschullo

    Why Teachers are Walking Out?

    Moe, Here is their website: https://www.choosefi.com/campfi/ The only difference is that these young people are very talented and many are engineers, website and social media experts and authors. But my generation is talented too and made a lot of money but my generation fell for the borrow and spend, bought homes way too big, expensive new cars every three years, sent their precious little ones to private schools from K-12 and private colleges. FI rejects all of that crap! Mr. Money Mustache writes about the stress involved with THINGS! As a result, FIs are able to put away 50-60% of their income because they could afford it, and maintained a simple lifestyle because their values lie with being FI over anything else. Now they wish for a quality of life after the corporate grind.
  16. MoeMoney

    Why Teachers are Walking Out?

    Steve, CampFI and 403b - my two worlds are colliding!! That is so great! You are the same as the 30 and 40 years old's who will be in attendance in that you embrace the FI concepts and achieved FI years ago, ahead of them. The techniques and lifestyle you needed to live took you there. And this was before the concepts penned by Vicki Robbins decades ago started to get rekindled. Today, partly as a result of her original thinking, the FI movement is picking up steam. The level of awareness and the introduction of the concept of achieving FI at younger-than-traditional is becoming a THING. Wish I could have attended the April CampFI on the east coast. Kudos to you!
  17. sschullo

    Why Teachers are Walking Out?

    Hi Ed and Moe, Dan and Scott have noted many times that the NY Times article did make changes in getting classroom teachers aware that they are getting shafted by not only the sales force but their unions and district silent complicity too. I just don't see it partly because I have no access to the connections that teachers who have benefited from the articles. I am glad you brought up FI Moe. A friend from my LAUSD advisory committee and I registered for the CampFI that will be meeting in my neighborhood in August. Its already sold out! I am going to get ideas of how this group organized itself and how they choose their leaders. It's only a couple of years old and they are making a dent in how people view their lives. Authors JL Collins of "The Simple Path to Wealth" and Vicky Robbins of "Your Money or Your Life" (I read them both and wrote reviews on Amazon) and Mr. Money Mustache are their rock stars. We need a few rock stars. FI movement has a powerful part reality and part fantasy that public classroom teachers do not have, and that's the idea that we can be financially independent of the gruesome day job at ages 30-35 and do what whatever they want. That's a powerful strategy that has worked well for MMM and beginning to affect the FI movement too. Because of our lower wages, we cannot retire in our 30s, but late 40s or at 50 is certainly possible for most teachers in the country (of course there are the IFs, they start saving early, learning investing, watch fees, climb the salary scale, etc). The 403b advocacy has some effective leaders but they are busy with other things. We need a wealthy and charismatic leader who can focus on this problem 100% to get the 403b madness in front of teachers. For example https://www.ngpf.org/ But as you implied Ed, I think, it's going to take more than one strategy, a lot more. But one thing is sure, after 20 years and over 30 403b newspaper articles all warning about the 403b have not done it so far. Regarding CampFI, I will be the oldest by far as most or all of them will be younger than 40 who have either achieved FI or are close to it. Scott and I attended FinCon a couple of years ago in San Diego. It was a lot of fun talking with extremely capable young people.
  18. MoeMoney

    Why Teachers are Walking Out?

    Financial Independence is becoming a "thing". It will continue to catch on and gather the attention of mass media eventually. Consumers can shun away from it or not, exposure will pick up though, to the concept. Choose FI is a blog and podcast that is being featured today, in fact, on NBC out of Richmond. The 403b fees have its own podcast and blog post. Kale used to be a garnish on veggie and sandwich platters. Food is ed by mass media (albeit advertising) for its virtues and then we are at least aware of it. True, we don't all take action on consuming it, but it is a start. Kale eventually made its way into smoothies, and potato chip bags. My point being, if folks can become aware of considering the costs of regularly consumed products (403b plans) they might be spurred on to take action. Or at least, we can hope one or two more will....
  19. It’s a great tragedy that despite its obvious importance to everyone, our educational system almost totally ignores the field of finance and investments. http://www.etf.com/sections/index-investor-corner/swedroe-financial-illiteracys-high-cost?nopaging=1
  20. tony

    Careers With The Most Millionaires

    Thanks Krow for all that info. I think you and Steve are right. It must include higher earning college and university professors , higher education administrators and dual income k-14 earners in higher paying states. But making more money in an expensive cost- of- living state must certainly neutralize the advantage of a higher income somewhat.Still ,I'm in that club and I never made over $60,000 a year and it took me 30 years to get to that salary for heavens sakes!. Granted my wife worked too but its still possible to make it happen for less than some folks might think. Here ,where I live , very few k-12 teachers end up being millionaires but I think its their mindset that is partly responsible. They don't really strive for it or have already decided before they even start that its a pipe dream. And ,of course ,part of the problem is lack of financial knowledge and the horrendous insurance annuities that most buy into.
  21. krow36

    Careers With The Most Millionaires

    I’m confident that “Educators” referred to in the Motley Fool article includes higher education professors, who can earn well over 100k and can save in more than one deferred-compensation plans. Likewise K-14 educators in high-cost-of-living areas in NY state, in CA, and other states can also earn over 100k. A married couple I’ve helped on the BH forum are both teaching in NY state and together have a gross income of over 200k. I expect they will be millionaires in their 40’s, if not 50’s. The Motley Fool report was dated in 2012 and was based on a report by Spectrum Group. This organization sells reports to financial advisors that are designed to increase their insights into their clients, i.e. wealthy investors. The reports sell for big bucks—like $9000!
  22. EdLaFave

    Careers With The Most Millionaires

    I’m beyond suspicious, but I don’t have the energy to analyze it. Aside from educators married to rich spouses, I don’t know of any folks in real life that are even dreaming of becoming a millionaire. Maybe my preconceived notions are wildly wrong.
  23. EdLaFave

    Why Teachers are Walking Out?

    I don't believe this is fundamentally a publicity/awareness issues. Even if most educators aren't aware, I've seen too many not care once they're made aware. I don't think any amount of publicity is going to solve a problem when the people directly affected aren't advocating for themselves. Oddly enough, I think the question is, how do you make people care about their own exploìtation. I think all of this would end the moment educators did something about it, the external forces keeping this in place are extremely weak and would fold if there was even a moderate amount of resistance.
  24. sschullo

    Why Teachers are Walking Out?

    We need to post our feelings about the corrupted 403(b) on other websites and blogs too. Reform in education is not just going to happen here or at Seth's blog but by using as many social media outlets as possible and keep discussing the 403(b) and how that is an example of once again teachers are taken advantage of. Once they realized that they have been ex ploited by the nice salespeople because they can collect a commission, all hell will break loose and reform will happen.
  25. MoeMoney

    Why Teachers are Walking Out?

    My comment about seeing a positive trend was referring to the articulation and publication of the author's perspective. It was straight-forward and not a theme that is commonly written about. As Steve and Dan wrote in their comments, the 403b is merely one (huge) example of inequality in the teaching profession. They have articulated, published, highlighted and pushed forward with it (big understatement). That was the start of a positive trend in outing the wrongs. Seth introduced a dialogue in a way that beckons responding too. Much like we responded to the inequality of the 403b as compared to the 401k. This was a fresh blog post that stirred up much emotion. I hope to see a trend of other's doing the same which can lead to changes, even if it's decades down the road.
  26. tony

    Careers With The Most Millionaires

    Good points Steve. The teacher umbrella might include college professors and administrators. I wonder if they included pensions in the equation. If they did then it makes it more logical to me. Still finding teachers ahead of doctors can't possibly be accurate.
  27. sschullo

    Careers With The Most Millionaires

    It didn't break down what they meant by "educators." Predominately male administrators invest in real estate and usually make twice as much as a classroom teacher and they have LUCRATIVE pension benefits. Also, higher education professors have had TIAA for a century and they also make more money than public preK-12 teachers. I know, its not how much you make its what you do with what you make. Still only about 30% of all prek-12 educators use a 403(b), and 80% are in worthless TSAs. I think it goes back to who is the most vulnerable to the aggressive sales of low performing 403(b) TSA products. I read somewhere that educators and engineers are naturally frugal. Still, we have something that the vast majority of other employees do not, a pension. Pensions are worth up to millions of dollars too over the life of a retiree. Public prek-12 educators could be financially in pretty good shape, IF they learn a thing or two about investing, IF they start investing early, and IF they avoid the TSA sales machine, they also could easily retire at 50 because of our pension.
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