Re: Rate of return since Aug of 1999

On Apr 26, 4:57 pm, "Walter_Slipperman" <Walt...@[EMAIL PROTECTED]
> wrote:
> My wife and I started with a financial planner back in August of 1999.
 In
> filling out a form about our investment goals and tolerance for risk we
came
> to the conclusion that we were more comfortable on the less risky side
and
> decided that our investment plan would be pretty conservative.  He
reviewed
> our investments and made a lot of changes that were a good thing when
the
> market started to go south in the following year.  He also got us into
bonds
> (something I'd been adverse to) where they did well with interest rates
> dropping in the years that followed.
>
> Over the years we have made some 401K contributions to the fund and my
wife
> also moved an IRA rollover in to the ****tfolio covered by the financial
> planner.  The financial planner's software re****ts an internal rate of
> return and is calculated after he has taken his 1% fee.
>
> Here is what he re****ted to us:
> Aug 99 to Dec 99  = 17.34%
> 2000  = 4.33%
> 2001 = 0.02%
> 2002 = -1.39%
> 2003 = 15.91%
> 2004 = 11.76%
> 2005 = 6.28%
> 2006 = 13.23%
> 2007 = 2.30%
>
> Overall return from 08/16/99 to 04/24/08 is 6.62%.
>
> This does not take into account the taxes that I had to pay when mutual
> funds re****ted capital gains, so the return is even lower.  I did not
pull
> money from the ****tfolio to pay those taxes, instead paying them from
> another savings account.
>
> Is this a reasonably well managed ****tolio over this time period?  I am
> aware that I asked him to invest this somewhat conservatively so does
this
> seem about right?
>
> I just don't know if the performance of the ****tfolio is particularly
good
> and whether it is worth paying him the 1% per year for his performance.
> Where can I check numbers to see what a pretty conservative ****tfolio
should
> have done in the period from August 1999 to the present?
>
> \Walter
>


Not too bad for a "conservative" investment approach.


======================================= MODERATOR'S COMMENT: 
 Please trim the post to which you are responding.  "Trim" means that
except for a FEW lines to add context, the previous post is deleted. 

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators
strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond.  For all of the other tips and suggestions, see "FROM
THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on
the
Newsgroup.