Comments on: Balance Sheet, July, 2005

By: Flexo

Flexo — Wed, 31 Aug 2005 06:48:01 +0000

Thanks for the tips. Perhaps I’ll take a look at the other funds American Funds offers for my taxable account…

By: RC

RC — Fri, 19 Aug 2005 17:58:18 +0000

PS — I should have mentioned that you can move from AIVSX to AGTHX with no additional load b/c they’re part of the same fund family. It would be a taxable event, though, so find out what your unrealized gain is in AIVSX first.

By: RC

RC — Fri, 19 Aug 2005 17:55:04 +0000

If your investment fund (AIVSX) is long-term money, you might look at AGTHX, also a part of the American Funds group. The load is high, but the expenses are about half the category average. AGHTX is more growth oriented, and it is one of the best Large Cap Growth funds available.

As for your Roth, owning an index fund usually guarantees you won’t beat the market. Although, this one is actively managed by TIAA-CREF and has done slightly better. You might look at a fund like SLASX or TAVFX. You can compare total returns at http://www.morningstar.com

By: Miss Money

Miss Money — Fri, 19 Aug 2005 01:23:58 +0000

Hi Flexo:

Great site! Can I ask which financial software program you use to calculate your balance sheet? I have started a similar blog of my own and I need some advice about which program to use to track my info. Thanks.

By: Flexo

Flexo — Sun, 07 Aug 2005 18:00:32 +0000

My non-retirement investment is one fund, AIVSX. It started out as a UTMA/UGMA account from my father, and I didn't have any choice in the stock. I invested additional money into the account several times until I realized I was paying a 5.25% front load. The Roth IRA is all in TCEIX, an index fund. The 401(k) is made up of funds offered by my employer. I described my investments in March and detailed my 401(k) last October, although the 401(k) has changed slightly.

By: TheDividendGuy

TheDividendGuy — Sun, 07 Aug 2005 04:59:52 +0000

Can I be so bold as to ask what funds, stocks, etc your investment portfolio is made up of?

By: Flexo

Flexo — Fri, 05 Aug 2005 08:44:53 +0000

I depreciate it, but I don't use the IRS standard business depreciation schedule. I check edmunds.com each month for the private party value. Any difference between one month and the prior month is accounted as a "depreciation expense." Once, my car supposedly went up in value (as you can see in the statement above). I didn't know what to make of that.

By: A.F.

A.F. — Fri, 05 Aug 2005 08:34:33 +0000

How do you account for the Honda? How do you depreciate it?

By: Darren R. Sussman

Darren R. Sussman — Thu, 04 Aug 2005 17:02:30 +0000

Don’t you find it ridiculous when you have to train your new boss in how to do his/her job?