Case study: Par 401 K positions - June 2 2019

June 2, 2019

Introduction

It is my personal finance research. I like to learn when to rebalance my portfolio. I have Par 401 K and I did build a portfolio less than two months ago, now the balance is $200 lower. Should I rebalance the portfolio?

Case study

I have to think about if I should rebalance my portfolio on my Par 401K.

June 2, 2019

I look up my folder, and here is the portfolio I setup in April 30, 2019, just one month ago.

Here are the difference based on asset type. I need to think about when to rebalance the portfolio. It is free to rebalance.

Here are a few blogs related to my Par 401K starting from 2007.

Case study: Par tech 401K plan performance review

April 15, 2019

Introduction

It is my personal finance research. Today I spent one hour to go over the performance of my 401 K with par tech with Charles Schwab, and also this is the first time since 2007 I chatted with a representative online how to rebalance the portfolio. I like to do a case study on my performance.

Case study

It is the first time in my life I realize that that is my job to keep those 401K money grow. I did not show any curiosity to learn how to grow the money. I did not have annual statement, I did not chat with representative. I was too busy with my life.

One thing I chatted with my sister last August when she visited me, she said that if you like to make more money, you should consider to sell something on wechat or on internet. I was so ashamed about my financial situation, so I chose to start personal finance study starting from Nov. 2018.

After six month study, over 500 hours watching videos from youtube.com, morningstar.com, I spent hundred hours with personal finance director Christine and her teaching. I finally figured out that it is not difficult for me to learn and come out a plan, double the money based on Future value calculation and the rule of 72. Based on stock market bull market last 10 years run, it should be taken less than 10 years to double the money.

I only could find my 401K fund performance from 2010 to 2019. The following is my performance.

I have to push myself hard to figure out how to cover last 12 years loss. Ideally I should be able to double the money from 2007 to 2019. I have 12 years for me to learn how to double money. If I start to learn personal finance, economics, morningstar videos on youtube.com from 2010, I spend over 1000 hours to learn, I definitely should come out a few ideas how to do it.

As a matter of fact, I do not learn the importance of personal finance. Last 20 years I did not find any investment opportunity to fit for me. I just could not believe that I was so lazy to grow rich and build wealth. I enjoy so much activity, indulge in consumption. I just could not believe how superficial I am. I keep buying clothes, I purchase 10 jeans one time, 10 jackets one time. I just could not believe what I have in my mind from 2010 to 2015.

Here is my account balance in April 2019. I finally know that I have to give myself time to learn stock market, economy first. And then I will figure out ways how to make sound investment strategies.

Comparison with TRBCX fund

I like to compare the performance with existing funds available in my Par Tech 401K plan. This is the first time from 2010 to 2019 I checked how many funds available for the purchase. I need to learn growth equity and long term performance of strong growth of US economy.

TRBCX

Thank you Par Tech

April 16, 2019

Introduction

It is my personal finance research. I found out today that my biggest mistake is not to work on my 401K from 2007 to 2019, and then my asset still is around $6,200 us dollar. Originally I invested $8000 us dollars. I like to figure out the deepest part is that the feeling of laidoff, the painful experience. I should have embraced much early and be happy to work with those 401K with Par tech 401 K plan with Charles Schwab. I will not have any employer who will provide such great platform for me to grow my 401K plan. Although I wasted last 12 years and I did not make any profit compared to my original investment. I did not trade anything from 2010 to 2019 March.

Reasons

I do not know psychology investment too much. I just learned this year. I may have loss aversion, and I remembered the pain of loss of $3000 and I took the loss and sold all funds to keep in money market in 2008.

I also can relate to the difficult time to start full time job again in the city of Vancouver. I also think that my lack of research of personal finance. My motivation to build wealth and grow rich is too weak to tell.

I was struggled to from 2008 to 2010 to get residentship from Canada, I filed the appeal for leave. I got $30,000 home equity line debt from 2009.

A check list

I need to make a check list for annual checkup. Also I need to spend at least 10 hours to review those $6,000 dollar asset.

The rebalance is free and transfer is free. There is  no limit to rebalance. All those features will be charged in non-401K account Ameritrade.com. I chatted with Ameritrade.com, mutual fund is $45.00 dollar and stock is less than $7.00 dollars. This is the first and only chat I have from 2007 to 2019, and it is in March 2019.

I learn that the platform 401K is such great tool, and I have to keep the balance above $5,000 dollars.

Date my money: Chat with Charles Schwab online support

April 15, 2019

Introduction

It is my personal finance. After six month personal finance research, I start to work on my par tech 401K performance review. This is the first time I took what ever I need to learn again, I asked a few questions first time from 2007. I could not believe that it is the first chat last 12 years. Thank you Par Tech, my ex-employer in USA. The 401K provides so much good feature for me to rebalance, transfer the fund.

Chat

I like to share my chat history here. I like to encourage myself to learn and be humble. Build wealth and grow rich is so exciting. I need to invest time to learn stock market first. I invested 401K in 2007 $8,000 dollars. If I am smart enough, then I should double or triple the money after 12 years. Specially if I choose to put all the money into fidelity index fund.

JIANMIN CHEN: Initial Question/Comment: I like to sell mutual fund in my retirement account and then purchase a new fund. How can I do that?  System ©2015 Schwab Retirement Plan Services, Inc. All rights reserved.  System Schwab Retirement Plan Services, Inc. provides recordkeeping and related services with respect to retirement plans and has provided this communication to you as part of the recordkeeping services it provides to the Plan. System Trust, custody, and deposit products and services are available through Charles Schwab Bank.  System Welcome to Schwab Retirement Plan Services. A representative will be with you shortly. System A retirement professional is joining the chat. System Connected with David D.. Your reference number for this chat session is .... David D.: Hello, my name is David. Please give me a moment to open your account. David D.: Go to Manage Account > Investments > Transfer JIANMIN CHEN: Good to hear from you. David D.: Is there anything else I can do for you at this time? JIANMIN CHEN: And also I like to ask question about my account, I did not know why my fund is changed to different fund automatically. David D.: Which funds were changed? JIANMIN CHEN: My current fund MetLIfe GAC $5317, I never knew that I made purchase on the fund. I did not know when I did. David D.: That transaction goes back to 3/27/2018 for $5,203.83. JIANMIN CHEN: I also like how to specify sell $3000 dollar value fund from metlife GAC, and then purchase $3000 index fund. The option -rebalance is not working very well. What is transaction cost? David D.: You will want to do this as a $3,000 transfer from metlife to the index fund. JIANMIN CHEN: What is the minimum of fund amount for new fund? Should it be $3000 dollar minimum for fidelity index fund? What is transaction cost for each sell/ purchase. David D.: There are no fees to make transfers in your 401k as well there are no minimums. JIANMIN CHEN: Wow, unbelievable benefits. David D.: Great!  David D.: Is there anything else I can do for you at this time? JIANMIN CHEN: Do I have limit to transfer in one year? Number of times to transfer, rebalance? I also need to make sure that my balance is above $5,000 dollars, otherwise I cannot stay in the account. JIANMIN CHEN: What if I fall below $5,000 dollars, can I move my IRA account balance from another account to this account to meet $5,000 dollar minimum. JIANMIN CHEN: I need to trial and error and figure out a few things on this platform. I did not do any thing from 2008 to 2019 over 11 years. David D.: May I ask what your objective is for this account? Are you wanting to exchange funds or take a distribution? I do not see that you made a transfer yet. JIANMIN CHEN: I will do it. This is my 401K account back in 2007, I have IRA CDs over $20,000 dollars with NYCB. I have to push myself to learn how to get into stock market. JIANMIN CHEN: Last time I lost $2,000 dollars back in 2008, and then I like to say good bye to stock market. I believe that stock market will go up in the long run. So I need to get back to index fund etc. David D.: Your plan does not allow partial distributions; so, if you take a distribution, you will need to take it all out of the plan. JIANMIN CHEN: what is partial distribution? David D.: A great place to learn about investing is the Learning Center at the top of your page. JIANMIN CHEN: I will do that. I spent six month to learn from morningstar video and personal finance director Christine. David D.: A partial distribution is when you only take part of your funds out of the plan. JIANMIN CHEN: I will make a few transfer and limit myself one rebalance at most one quarter. I believe that I should be allowed to do that. JIANMIN CHEN: Thank you to explain partial of distribution. David D.: You have the rebalance options of one time; 2 x per year, or 1 x per year. JIANMIN CHEN: Can you explain in more detail, every year how many times I can do rebalance? JIANMIN CHEN: How many times I can do transfer? David D.: You can transfer as often as you like; however, some of the funds in your plan do have trading restrictions.  JIANMIN CHEN: I read those trading restrictions already. JIANMIN CHEN: Thank you. I think that you answer all my questions now.

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Case study: Par 401 K 2010 - 2019 TRBCX return

January 4, 2020

Introduction

It is my project management skills. I have to learn how to cover most important projects in my life, like management of my 401 K with Par tech inc from 2007. I did not spend time at all from 2009 to 2019 January, and I like to write a short case study about TRBCX fund in my Par tech 401K.

Case study

I invested $8000 US dollars in 2007 in my 401 K. And I like to review TRBCX fund in my Par tech 401 K.

Here is TRBCX fund's page.
I worked on my 401 K par tech in May 2019. I set up portfolio with 30% bonds, 70% equity. I like to work on calculation of return if I choose put all $6,000 dollars into TRBCX fund.

Here is Bankrate.com calcultor I like to use. What if I put all those $8000 dollars into TRBCX from 2017 to 2019.

From the above tables, using 15-year trailing return 11.04%, and then fill the form on bankrate.com webpage, the following is the copy of bankrate.com screen. The form can be accessed using the link here.

Actionable Items

In reality, my 401 K par tech has only less than $7000 US dollar balance. I did write blogs to show the summary. Here is one of them.

I need to work on a few things in order for me to understand the above optimal solution.

1. Be confident on self-learning on investment;
2. Work on asset mix, asset allocation. Best way to learn is to read a book, such as Boglehead investment. I should slow down everything, church, tennis, sibling chatting, shopping. I have to learn basics as early as possible;
3. Keep reading articles, learn every day on how to invest;
4. Learn to find tools to help me manage portfolio 10 year return;
5. Understand my goal, I do not need to use those 401 K money from 2006 to 2019. Why I do not take risk and let fund grow by allocating equities into the fund.
6. I have to keep reading and learning. I should keep a journal of my study.
7. Build a community around myself, how to invest, talk about investment, and also try to be a millionaire, instead of worrying about immigration, work permit, full time, or other things.
8. If I have full time job, then I will keep making money; if I do not have full time job, then I should invest those time to learn investment, personal finance. So much to learn, so little time to work on my goal.
9. Learn how to manage myself, stay confident.
10. Take some risk in investment.

So the difference is more than $21,000 US dollars. In other words, if I control my emotions, keep the portfolio in 2009, then I will have return up to $21,000 US dollars. In 2009, I took $30,000 from my Amtrust home equity line from 2008 January to 2009. I did review and then found records I transferred $30,000 US dollars to my Chase bank checking account.

Life is such challenge to live, at that time, I was so afraid that Amtrust bank will take back home equity line. I also kept over $15,000 IRA into IRA CD account.

To be a self-learner, it all starts from reading an investment book; My FAU classmate told me to invest on index fund. At that time, I was so busy with so many things. I do not have to spend money to take a course, I just read the book, write down what I learn, and continue.

Case study: My par tech 401K to TRBCX fund

April 16, 2019

Introduction

It is my personal finance research. I continuously study personal finance, and there are so many projects to work on starting from Nov. 2018. Finally I have time to work on my par tech 401K, and then I learn that I should have taken risk and put those fund in growth fund starting from 2007.

Case study

It is the first time since Par tech changed to Charles Schwab and I had time to look into what are available funds starting from 2010 to now. It is nine years. I can not explain what is my issue. Ignorance, arrogant, and I do not have a husband and a boy friend to remind me to review the account, download statement every year, show some interview to learn how to rebalance the account, and learn some strategy like three buckets shown in Morningstar Christian.

I just was busy with all kinds of activities and do not know that my job is to grow those fund in 12 years, double at least. TRBCX fund is one of funds available for me to purchase any time, no minimum, the performance from 2010 to 2019 is 10 year 14%. If I move the fund into TRBCX, I should have 5 times more value.

What is wrong with those 10 years?

That is so far biggest bad behavior I have found in my adult life from 2010. I just could not believe that as a software programmer, a single person over 44 years old, new immigrant to Canada starting from 2010, I do not show responsible to grow my babies. Those earned income in my full time job in a startup company called Siva, Par Siva from 2006 to 2007.

Date my money: 401K par tech fund transfer

April 15, 2019

Introduction

It is my personal finance research. I do not grow up very well, I should parent myself better from 2007 to 2019. I should invest time to learn stock market, capitalism. I just could not believe how hard it is for me to learn the economy last six months. I like to write  a story how I date my money today. It is my par tech 401K.

Date my money

I like to get familiar with the 401K software environment. I know that I have to be patient to myself, allow myself to learn and warm up. I just learn dollar cost average through one of my favorite financial planner. So I plan to adopt the strategy, and like to come out a plan how to transfer my fund into index fund.

One of ideas is to purchase $3000 US dollar to index fund once, and then forget about it.

Another idea is why is now? I do not like to time the market. The idea is to invest on index fund next 12 months, if there is a crash, then I will add more fund into index fund. I can make it longer, I like to take 3 years to transfer $3000 us dollars to index fund. I like to try dollar cost average and hopefully the price in next three years will go down and then up, so I can benefit more on value once the price goes up.

To warm up, I just transfer 4%, $200 US dollar to index fund first.

I just did purchase Jan. 2019 using Canada RRSP with Scotia bank. I just did quarterly review on RRSP. It went up over 10% this year.

Actionable Items

It is tough lesson for me to learn. I do not give myself long time horizon to learn personal finance. I started in Nov. 2018, over 50 years old. It is never too late. All I have to do is to date my money, learn and get familiar with concept, tools, and learn a few more strategies.

When opportunity comes, I will know what to do. I also can identify the opportunity as well.

Follow up 

Best date in the world. I love stock market and I like to learn how Capitalism works.

Case study: My par 401K plan

Dec. 24, 2018

Introduction

It is time for me to spend at least 10 hours a year to study stock market and come out a plan how to catch up the game to play with time.

Case study

I like to push myself to work on blogs on personal finance. One thing I can do is to study my 401 K with par technology. I was so busy over last 10 years, but I let 10 years skipped and did not do right thing. I did wrong thing at wrong time, I bought high and sold low.

2006 and 2007 performance

Originally I put maximum 15% of my salary, $8,000 us dollar into plan.

2008 performance

2018 performance

Actionable item

I can give myself excuse. I work on my sponsor application and immigration project, but I have to take my personal finance seriously.

I need to learn how to build money community around myself. I need to learn to build wealth. I do not have any one to talk to or discuss since I came to Canada.

How to be a good project manager? 

I need to learn how to manage $8000 dollar very well over 10 years. Instead I spent a lot of time in Canada on USA shopping in the city of Bellingham. I totally ignored the responsibility I have to manage the account.

10 years waiting time

Jan. 29, 2019

Introduction

It is my personal finance research. I started my personal finance research, recently I added $1200 dollars to RRSP and then invest $3,000 Canadian dollar on January 29, 2019 to Scotia US index fund. I like to continue to study more personal finance research before I come out my plan to work on my Par technology 401K.

10 years waiting time

I sold my funds in Par 401 K with $2500 dollars loss. I did not spend time to learn the stock market and economy, since I had to start to appeal for leave for my Canadian immigration case. I felt so frustrated.

I put the money into money market from 2009 to 2019. After 10 years, my balance is $6100, originally I invested $8000 us dollars into 401K in 2007.

I like to push myself to learn more, and I like to evaluate myself learning ability before I plan to invest those $6,000 US dollars into Vanguard growth index fund.

Rookie investor common mistakes

April 19, 2019

Introduction

I make so many mistakes from 1996 to 2019. It is over 20 years. I like to write mistakes I make and also make a table to map them to common mistakes. I like to demonstrate what I have learned last six month. It will be helpful for me to stay prepared for future investment.

Lessons learned

First, I should not sell all mutual funds in my par siva 401 K to money market fund in 2008;
Second, I should think about when to go back to the market, stay on the course; Purchase those funds back;
I did not learn what is index fund, what other basic things related to finance and stock market;
Third, I did not even spend time to look into all product features of Charles Schwab from 2010 to 2019 March;
Fourth, I did not download and save each year balance. I did not take any risk to try any purchase in my 401K account.

Ideas

At least I should give myself $2000 to $3000 to put into stocks, I should allow myself to pick up stocks and learn from mistakes.

At least I should read and learn from all funds in my Par Siva 401K fund. I should look into those common mistakes as a new investor.

Mapping

Case study: From TRBCX fund to my par tech 401K

One of ideas I like to write is to get familiar with all my par tech 401K funds. What I can do is to go over each fund, and then write a report for each fund. There are at most 30 most funds, most important one is this TRBCX fund. With super good 10 years performance, I should have noticed long time ago, but I have not build a habit to review quarterly, annually.

How to learn TRBCX fund very well? I have to make a plan and also start to work on it.

Case study: How to build my portolio?

April 25, 2019

Introduction

It is my personal finance research. I like to set up my portfolio and one of ideas is to put money into different funds.

My portfolio

Par tech 401 K

I need to set up my par tech 401 K into TBRCX, FXAIX $6,200 dollars. I like to put into the market in next month, hopefully there is one more year bull market before the market crashes.

I like to actively manage the fund allocation, I like to purchase
TBRCX - $3000.00
FXAIX  - $3000.00

If the price falls, then I will purchase more using my Canada cash to dollar cost average the risk. If the price continues to rise, then I will sell 10% profit and put into bond into my par tech 401K.

IRA Ameritrade

I need to transfer my IRA CD from 1.2% 6 year term into Ameritrade. I like to build those $20,000 asset allocation in the following:

One of consideration is to purchase Vanguard total bond fund, and then put rest of them into Vanguard total market index fund, Vanguard retirement fund 2040.

I know that market is high right now, I may think about 60% on bond fund, 40% on those Vanguard total market, and retirement 2040.

$12,000  VBMFX, bond fund
$3,000    VTSMX, vanguard total market index fund
$3,000    VFORX, 2040 fund

If the market crashes, I will sell VBMFX bond fund, and then purchase more 2040 fund and VTSMX fund.

Rental property management

I need to learn how to manage the risk and serve better the community of Chinese attending FAU in the city of Boca Raton.

Rental in the city of Vancouver

I like to enjoy the frugal living life style and stay as a minimalist.

Canada portfolio

I also like to build $30,000 Canada dollars portfolio. The idea is to invest into VBMFX bond fund.

I like to practice dollar cost average strategy, and also like to take advantage of low value of Canada dollar compared to US dollar.

Stock purchase

 I also like to purchase individual stocks, and try to find 20 stocks to hold in long term. I like to learn to find those stocks to hold long term in next 30 years.

Case study: personal finance bad habit associates with impulsive shopping

April 19, 2019

Introduction

It is my personal finance research. I found out that I did not spend time on my par tech 401 K from 2007 to 2019, I do not do monthly or quarterly or annual rebalance, I do not do the fund analysis or basic follow-up. I do not spend time to look into research about investor psychology. There are so many issues in the management of the account. This is all related how to value the time, value the community, value the money, value the research, value to reinvent myself. I believe that this is associated with my impulsive shopping problem and emotional problems, my decision making process.

Case study

I think that frugality study helps me to learn to separate wants from needs. 24 hours or 72 hours rule helps me to learn how to delay gratification. I also learn how to identify the short enjoyment of holding those clothes or items and short time period sense of ownership. I do not bother use them after the purchase.

I also learn from minimalism life style. When I did shopping coats, one time I drove my SUV and cross border to Bellingham, I bought six coats on sales.

I have to find ways to release my stress, or my social needs. Those emotions went to enjoyment of shopping from 2010 to 2017.

I also heavily shopped when I took vacation in China. My siblings were also very cooperative to allow me do this gifts shopping costing thousand Canada dollars in 2012, 2014.

I think that the way I understand what money is used for is so shallow. I allow myself to spend unnecessary extra coats, jeans, handbags, sneakers. I only wear off one pair of tennis shoes, I cannot wear any off another five pairs of tennis shoes. I do not know that I can just play tennis using my normal sports shoes.

I wrote the wechat post to reflect on the mistakes I made to treat my par tech 401K account.

Charles Schwab fund performance study

Jan. 13, 2019

Introduction

It is my personal finance research. I plan to spend time to study Charles Schwab fund performance. I have 401K with par tech from 2007 to 2018. I never studied the fund performance, and this is the first year I have to give myself assignment to review fund performance.

Fund performance

I did not spend enough time to manage my portfolio. I invested $8000 dollars into 401K, when the fund lost the value to the minimum in 2009, I sold every thing to keep it money market fund. That is all. I have not done anything from 2009 to 2019 Jan. 13.

Do I have time on my side?

Dec. 23, 2018

Introduction

It was the first personal finance in Nov. 2017. I had chance to review all my 401K and IRA distributions, and then I had chance to review my performance. It was so surprising that I did not take 19 years on my side very well.

It is time for me to write a case study

I have a few excuses to explain to myself I did not spend time to learn and I did not know how to evaluate myself honestly.

The reason I chose the topic since I watched the video Suze Orman at Google 10:00 - 17:00/57, she talked about 401 K and how to have time on your side.

I like to contribute the community how I do, what possible issues I have. What lessons I learn?

Facts to review

I worked Par Siva over a year from 2006 to 2007, I put salary $8000 into my 401 K, employer matched 10%. Total value is $8800, in 2008 the value lost 30%. I sell all funds I purchased, I chose all funds in the plan originally. And I chose the money market fund. The employer took away matching dollars. Now it is 2018, the value is $6100. I did not make any change at all, I should move to index fund once I move to Canada in 2010.

I need to push myself do research on stock, funds and get basic ideas how to invest. Another idea is not to be panic, let it be. Now I must have over $10,000 us dollar at least.

Here is my transaction in my personal finance github.

In January 2009, I noticed that my Canada skilled worker immigration application was denied. In order for me to focus on my immigration, I decided to sell all the funds in par siva 401 K, and purchased money market fund since 2009. Now it will never come back my original investment, after over 10 years, it is still $6100 dollars.

If I sell them and pay 10% penalty in 2009 since I had zero income, I can purchase a one bedroom condo in the city of Yichun. Now the value can go up to 4 or 5 times.

Actionable Items

Dec. 27, 2018, 10:50 AM

One of ideas is to purchase index fund like low cost vanguard index in 2010.

Another idea is to stay in the market, do not sell in 2008; wait it come back until 2018, and then sell some index fund.

Most of important is to catch up learning in theory, watch some youtube.com video; I need to learn something from the economist, Google talk, and understand the basics of personal finance.

Case study: Par tech 401 K position

April 30, 2019

Introduction

It is my vacation day. I have to work on my tax return. I also like to document my transactions on my par tech 401K, and I have to start to build good habit, make a quarter review, rebalance the account, and also go over the website to get familiar all product features inside the 401 K supported by Charles Schwab

My position

Total Market Value:  $6,291.74

Vested Amount:  $6,291.74

  Expand, Collapse Account Detail

	NAME	SYMBOL	MARKET VALUE	QUANTITY	PRICE	% OF ACCOUNT
	American Funds 2030 Trgt Date Retire R5E	RHETX	$0.03	0.002	$14.60	0%
	Pioneer Equity Income Y	PYEQX	$515.15	14.689	$35.07	8.19%
	T. Rowe Price Blue Chip Growth	TRBCX	$515.13	4.424	$116.44	8.19%
	Fidelity 500 Index	FXAIX	$732.24	7.157	$102.31	11.64%
	T. Rowe Price Mid-Cap Growth Adv	PAMCX	$257.54	2.899	$88.84	4.09%
	Hartford Small Cap Growth HLS IB	HBSGX	$257.56	7.942	$32.43	4.09%
	Wells Fargo Special Mid Cap Value Inst	WFMIX	$257.57	6.606	$38.99	4.09%
	Fidelity Mid Cap Index	FSMDX	$257.58	11.468	$22.46	4.09%
	Fidelity Small Cap Index	FSSNX	$257.22	12.535	$20.52	4.09%
	American Funds Europacific Growth R3	RERCX	$257.57	5.016	$51.35	4.09%
	Delaware Emerging Markets Instl	DEMIX	$257.57	13.535	$19.03	4.09%
	Fidelity International Index	FSPSX	$257.57	6.276	$41.04	4.09%
	Cohen & Steers Real Estate Securities I	CSDIX	$515.15	31.033	$16.60	8.19%
	Western Asset Core Plus Bond I	WACPX	$923.57	79.963	$11.55	14.68%
	PIMCO Income Instl	PIMIX	$772.71	64.179	$12.04	12.28%
	Fidelity US Bond Index	FXNAX	$257.58	22.417	$11.49	4.09%
	Subtotal		$6,291.74			100.00%
	Total		$6,291.74			100%