AboutJohn D Smith, CFP Expertise I can answer detailed questions regarding mutual fund investing, retirement planning, education planning and related financial planning/investment issues. I have a B.S. degree in Financial Planning & Counseling. I am also a Certified Financial Planner practitioner and have performed fee only investment management and financial planning services for the past 11 years.
Expert: John D Smith, CFP Date: 6/26/2008 Subject: Performance of Mutual Funds over five years
Question I am a student at Colorado State University and was curious about how a fictitious person's money would perform over a given time period in a given mutual fund. Say I had a person, Joe, who had $97,000 to invest and he wanted to see what his $97k would have done over the past five years in a mutual fund. . . Is there a place where I can punch in these numbers and find out how his money would have done? Thank you in advance for your assistance.
Answer In order to calculate this you would first need to know the performance of the mutual fund over the 5 year time period. You could then use a financial calculator to calculate the growth. I hope this helps or if your question is different than I interpretated, please let me know.
