Dan’s Posts Are Back to Dan

If you look over on the sidebar you can see the authors here – Carl and Dan (dfm).  When we moved to the new (free) location all the posts were credited to Carl which of course wasn’t right.  I’ve been painstakingly going through post after post and putting tags on them and fixing the links (they were pointed to media on the other web site) and this is one thing I’m fixing, too.

Lots of good stuff here by Dan and click on his name on the side and it will filter down to just his posts.  Someday I will drag a few more authors over here, too.

Ha ha I followed up on your FPRS Ford recommendation in the comments when I updated the link from a few years ago bought back in 2011 you did well…

Our New Blog Home

I’d like to welcome everyone to our new blog home, at WordPress.com.

WordPress.com offers free hosting that meets the needs of us at trustfundsforkids.com.  The domain name trustfundsforkids.com now redirects here, and the official site is http://www.trustfundsforkids.wordpress.com.

I would have hosted over at blogger since then you get the “Google juice” in terms of distribution but for some, ridiculous reason you can’t embed excel files into the blog posts (you can if you link them to google docs, but that is a pain).  I want the excel files here so that I can see the portfolio details from any computer.

My friend Dan and I are both amazed at what’s available, for free, on the internet.  I was able to import the blog over in half an hour, and then I re-directed the domain name after I tested it out a bit.  One annoying fact is that the media links all are tied to the former domain name and I need to manually fix them which will take an hour or so (I can’t just use a plug in since it is a hosted blog) but, in the grand scheme, that’s pretty minor.

I guess there are occasional ads, I hope that they are not too annoying.  They aren’t from me and if they help support wordpress.com that’s fine with me, too.

Another minor item is that Dan’s posts were assigned to me but since our royalties are zilch it isn’t that big of a deal.

Maybe someday I will look at some of the enhanced services but for now it seems like the free blog can do everything I need.  That’s great and I hope that you, as a visitor, enjoy your time here at the blog.

Time To Calculate Portfolio Performance

It takes me some significant time to calculate performance on the 5 portfolios that I run. This is due to the fact that I do a lot of analysis on stocks held today and previous sales as well as calculate expense ratios, dividend ratios, and other tasks by individual stocks. I am going to try to find time to do this over the three day weekend since the stock markets are closed on Monday, January 5th (in the US).

By some measures it is a disheartening time to calculate performance. Indexes are down about 10% for the second quarter, and some international stocks in the portfolio were pummeled even harder by currency moves that hurt the Euro and favored the dollar.

I am going to use this information to distribute to the nieces and nephews and use the month of July and early August to select the six stocks for my 2010 recommendations. There may also be some recommended sales of stocks in the existing portfolios.

The most encouraging part of this for me is that this trust fund effort has done a great job on encouraging savings and thrift and teaching about real-world financial performance, both the good and bad. Since each beneficiary only puts in net 1/3 of the total investment (I put in $500, they put in $500, and then I match $500 more) the odds that the portfolio is reduced to the point where they are losing money on their portion of the investment are low (i.e. that we are down 66%). Every loss is painful, however, and I get questions to answer about how I selected the stocks and what happened. This is part of life today, and will be part of life in the future. There are no easy answers to these questions, just a life of education and the fact that having an in depth understanding of finance and money can be just as important as learning a trade or building an otherwise successful career.

Also if any legitimate commenter are out there, feel free to say something. It was nice to have someone comment that they agreed with my approach on the “match” as far as being an effective approach for teaching and increasing involvement in the outcome. As Dan has noted this site is an insane spam-comment magnet for whatever reason and while I used to occasionally peruse the spam comments before I deleted them now I just delete away because there are over 100 in the queue if I go even a few days without purging it.

Re-Directing To This Site

For several years I have run a site at http://www.certificationhelp.net called “Trust Funds For Kids”.  Over time I have been moving from that web site to a word press blog run at this address http://www.certificationhelp.net/blog.

I re-directed the URL “Trustfundsforkids.com” to this site but as it turns out very few people got here through that URL; they got here because the text had been embedded in the search engines and they found it through search words.

Just today I changed the code at the Front Page site so that everyone who goes there, searching for something that was in a search engine, gets redirected to this blog, instead.


I realize that many people are skeptical about what people write on the Internet and rightly so.  This blog is run by someone who has financial experience in setting up a trust fund, with selecting stocks, and other financial areas.  You don’t see any links to other dubious sites or get rich quick schemes.  Also no ads (maybe someday, but not now).  The only two links are to other sites that I also post at (recommended, by me at least) and likely I will add some other useful sites to the blogroll (the IRS, etc…).

I will be posting about various investing topics and how to set up a trust fund, select stocks, and related taxation issues.  Hope you enjoy the site and find it useful.