Mutual Fund Returns

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
Topic Author
sticks11
Posts: 21
Joined: Tue Aug 19, 2014 6:23 pm

Mutual Fund Returns

Post by sticks11 » Tue Jun 30, 2020 2:12 am

Thanks in advance for any help. I am trying to find a website or calculater to determine total mutual funds returns on a specific amount of money from a previous date. Long story short my parents cashed out some of their retirement money to loan money to a family member with the agreement that they would get paid back whatever the stock investment would have been worth today (stupid, I know, but it's done). So for example I need to know what a $25,500 investment in AGTHX on August 3, 2010 with dividends and capital gains reinvested would be worth today so they can be repaid that amount. Any help would be appreciated.

marky2kk
Posts: 37
Joined: Tue Feb 11, 2020 10:53 am

Re: Mutual Fund Returns

Post by marky2kk » Tue Jun 30, 2020 2:34 am

Portfoliovisualizer.com

Ferdinand2014
Posts: 1512
Joined: Mon Dec 17, 2018 6:49 pm

Re: Mutual Fund Returns

Post by Ferdinand2014 » Tue Jun 30, 2020 5:42 am

25,500 turned into 90,967 from 8/2010 to 6/2020 dividends and capital gains reinvested.

https://www.portfoliovisualizer.com/bac ... sisResults
“You only find out who is swimming naked when the tide goes out.“ — Warren Buffett

User avatar
firebirdparts
Posts: 1562
Joined: Thu Jun 13, 2019 4:21 pm

Re: Mutual Fund Returns

Post by firebirdparts » Tue Jun 30, 2020 6:10 am

I hope whoever borrowed that money is rich now.
A fool and your money are soon partners

rascott
Posts: 2102
Joined: Wed Apr 15, 2015 10:53 am

Re: Mutual Fund Returns

Post by rascott » Tue Jun 30, 2020 7:43 am

So the borrower basically went short the market in 2010.... for a decade? Ouch.

dukeblue219
Posts: 716
Joined: Fri Jan 29, 2016 12:40 pm

Re: Mutual Fund Returns

Post by dukeblue219 » Tue Jun 30, 2020 7:48 am

I hope your parents understand that's a 13.5% interest rate. Pretty rough. Yes, they missed out on a lot of growth, but dropping that news on an unsuspecting borrower may lead to some nasty family gatherings. Good luck.

mroe800
Posts: 165
Joined: Mon Jan 27, 2020 1:37 am

Re: Mutual Fund Returns

Post by mroe800 » Tue Jun 30, 2020 7:51 am

sticks11 wrote:
Tue Jun 30, 2020 2:12 am
Long story short my parents cashed out some of their retirement money to loan money to a family member with the agreement that they would get paid back whatever the stock investment would have been worth today (stupid, I know, but it's done).
Kiss that money goodbye.

User avatar
firebirdparts
Posts: 1562
Joined: Thu Jun 13, 2019 4:21 pm

Re: Mutual Fund Returns

Post by firebirdparts » Tue Jun 30, 2020 9:43 am

mroe800 wrote:
Tue Jun 30, 2020 7:51 am
Kiss that money goodbye.
yeah, I would be willing to lay a wager on this.
A fool and your money are soon partners

User avatar
arcticpineapplecorp.
Posts: 5245
Joined: Tue Mar 06, 2012 9:22 pm

Re: Mutual Fund Returns

Post by arcticpineapplecorp. » Tue Jun 30, 2020 10:43 am

sticks11 wrote:
Tue Jun 30, 2020 2:12 am
Thanks in advance for any help. I am trying to find a website or calculater to determine total mutual funds returns on a specific amount of money from a previous date. Long story short my parents cashed out some of their retirement money to loan money to a family member with the agreement that they would get paid back whatever the stock investment would have been worth today (stupid, I know, but it's done). So for example I need to know what a $25,500 investment in AGTHX on August 3, 2010 with dividends and capital gains reinvested would be worth today so they can be repaid that amount. Any help would be appreciated.
morningstar does a good job. below is the chart of a $10,000 investment in AGTHX from 8/3/2010 through yesterday. It shows a $10,000 investment in AGTHX on 8/3/10 through yesterday would be worth $35,595.49. So a $25,000 investment is 2 1/2 times $10,000 so 2.5 ($25,000) X $35,595.49 = $88,988.73. :moneybag

Image

source:
http://quotes.morningstar.com/chart/fun ... A%5B%5D%7D
"May you live as long as you want and never want as long as you live" -- Irish Blessing | "Invest we must" -- Jack Bogle

Topic Author
sticks11
Posts: 21
Joined: Tue Aug 19, 2014 6:23 pm

Re: Mutual Fund Returns

Post by sticks11 » Wed Jul 01, 2020 1:01 pm

Thank you everyone for the replies. Much appreciated. We got it figured out using those websites! In total, he took out $40,000 from 3 funds and should have around $146,000 now.

And he will get it back because the money was to purchase a house for his parents who were moving closer to family. They sold their house but were 40K short of what they needed for the new house. So they borrowed the 40k from my dad, purchased the house, and then transferred it into his name. All with the understanding that when they passed away or had to go to assisted living, he would get his 40k back plus the hypothetical investment gains and the remaining money from the sale of the house would be split among him and his two brothers. Which is the point we are at now.

The only problem now may be is that the house isn't worth that much more than what my dad is owed so the brothers might be just a little upset that they won't get much of anything from the sale.

Thanks again for the help.

Post Reply