New charts need more explanation
Written: Dec 14 '06
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Pros: Nice looking, fast, no apparent bugs
Cons: Inadequate documentation
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| woodland518's Full Review: Yahoo Finance |
I just tried this out. Several years ago, it seemed like there were lots of places where you could compare mutual funds using a "growth of 10,000" type chart. This is a really useful approach because the growth is adjusted for dividends or capital distributions.
For me, I'm investing long term in mutual funds and reinvesting all distributions. It doesn't make sense to compare just prices over, say, 5 years. It does not result in an apples-to-apples comparison.
I can't tell if the new Yahoo Finance charts are doing true comparisons, or just comparing prices. The documentation does not explain.
Where can I compare my mutual funds? Where?
Recommended:
Yes
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Epinions.com ID: woodland518
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Member: John Wilson
Location: Asheville, NC
Reviews written: 11
Trusted by: 0 members
About Me: Used to live in Houston, TX
Three kids
Nonprofit executive
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