I would like to get some advice on my portfolio. I was always told it's a good idea to have about 20-25% invested in global/international funds.
My broker convinced me back in 2008 to put some money in CWGIX. It's not a bad fund, and it pays quarterly dividends plus a capital gain once a year. The performance just has not been there since I've owned it. At that time I invested in the fund, it didn't even have a 20 year history. Since I've been invested in this fund It has returned 7.36%.
Now on the other hand, I personally happen to like ANWPX better. This fund has a much longer history (has been out since 1973) and I think it has a better long term potential since hopefully I wont be needing this money for 30+ years. This is a growth fund where CWGIX is and growth and income.
Can anyone offer any advice on if I should consider selling CWGIX for ANWPX?
Thu Dec 10, 2015 8:41 pm
Cash: $ 380.25
Joined: 09 Feb 2009
My portfolio is quite diverse from Investment Real Estate, 401k's, Pera's & Roth IRA's. As for Foreign investment funds, I put only 20% into VTRIZ, which has had decent returns of 8.82% which isn't bad. Because I believe in American companies like Apple, Mcdonalds, Yahoo, Google and many thousands smaller companies, I give a larger portion of the pie too VTSAX which has averaged around 11%, plus because my funds are admiral status, my fees are .05%. So, if your looking for better foreign investments, consider the VTRIX as a viable option.
Risk comes from not knowing what you're doing. (Warren Buffet)
Thu Dec 10, 2015 9:16 pm
blixet Preferred Member
Cash: $ 32.55
Joined: 28 Apr 2013
Location: Southern California
If you purchased both of them in 1993, they would be worth about the same amount today. Neither are truly international funds as they both hold close to 50% in international equities. Personally, I wouldn't own either.
Information is more valuable sold than used – Fischer Black