I have an IRA with Vanguard and I’m trying to understand their metrics. The only thing they show you for your mutual funds is the daily gain/loss amounts. This is helpful in that I hold a little money in there to buy things when the markets head south.
When you click on the detail, the information varies wildly from fund to fund. Why wouldn’t the primary metric be the total loss or gain of the mutual fund over the lifetime of ownership? I will hold these mutual funds for the next ten years, so what I really want to know is what was it worth when I bought it ten years ago and what is it worth now. Am I misreading or misunderstanding something?
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