When I was born in 1981, my dad bought 100 shares of MIGFX in my name. With dividend reinvestment, that’s grown to almost 2,000 shares today.
For my own investing, I pretty much stick to VTI and VXUS. I’m not super well-versed in investing, but I’ve always felt like this was a simple and safe long-term approach.
I was looking at MIGFX tonight and noticed it’s down about 5.7% over the last year and only up around 4% over the last five years. Am I missing something, or is that as underwhelming as it looks?
Does it make sense to consider selling MIGFX and moving that money into VTI/VXUS, or are there good reasons to hold onto it?