PRWCX
T. ROWE PRICE CAPITAL APPRECIATION FUND
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Inherited shares from multiple T Rowe Price funds, do I need to consolidate?
PRWCX...anyone have this mofo and what you think of it?
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The "hedge funds do worse than the S&P" stat is misleading for exactly this reason. The hedge fund shouldn't be compared to the S&P, it should be compared to an 80/20 portfolio, or a 60/40 portfolio, or whatever. That's not to defend hedge funds, but they should really be compared to [stuff with bonds in the mix](https://totalrealreturns.com/n/USSTOCKS,VASGX,BAAPX,AOA,BIGPX,PRWCX,ABALX). (In particular, go look at the "Worst Drawdown" section.)
PRWCX has been great to me over the last 20+ years, averaging 9%+ over that span including the 2008 financial crisis and 2020 COVID crash
Search for "Balanced" in the fund name. Everybody and their dog has an S&P 500 fund, everybody and their dog has a total market fund, and everybody and their dog has *some* kind of a Balanced Fund. Sometimes they're called Equity-Income funds, too. Fidelity has FBALX. Janus has JABAX. Vanguard has VBIAX. TRP has PRWCX (I think). AmFunds has ABALX and AFMBX. And so on, and so forth...
PRWCX is truly a sold fund. It is 60/40 mix but it beats many 90/10 mixes and does so with less volatility. It’s so good that it’s closed to new investors. I’d keep that fund for life
Last year I took over my investing from my financial advisor but not before they invested in some mutual funds: FPACX, HLEMX, and PRWCX. These investments were made 2019-2021 and since the pandemic have almost never been in the green. I’ve been seriously considering selling them and putting the money towards growth stocks and VTI/VEU, etc. I’m curious to hear some opinions. What would you do?
google balanced funds - things like JBALX or PRWCX are usually pretty tame, give you broad exposure, and have some active mgmt component to help dampen volatility. Personally I recommend contributing to a Roth and then also setting up an individual acct and funding both.
Depends on your goals and risk tolerance. If you're young, go for some where growth is the point in your retirement accounts. PRWCX and GFAFX are two I'm invested in for my retirement accounts. In accounts that have nearer term goals, like down payments for a house or something, go for ones where capital retention is the point and pepper in some bonds. WSHFX, BALFX, ANBEX
There is investing and there is speculation. Investing is for long term wealth building. You should learn to invest by focusing on asset allocation. Depending on your age and future income situation you can allocate more or less to stocks. If you plan to buy individual stocks then you should learn as much as possible about the company and its management and financials, competition and so on. Else you can invest in index funds. Or if you want to be more hands off then there are options to buy target retirement funds. But personally I like allocation funds and balanced funds where professionals so asset allocations. Excellent examples and I own these: PRWCX, VWEL One good site for information: Morningstar