04-04-2022, 04:53 PM
Shares of American Funds target date for simple Ira being bought at higher than mark
<!-- SC_OFF --><div class="md"><p>Why is the guy who manages my simple Ira buying shares of American funds target date fund at a higher price than its currently being traded at? Is there a reason/strategy for this? Every statement shows shares being bought at a higher price than the market price</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dentist100"> /u/Dentist100 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tvm7fp/shares_of_american_funds_target_date_for_simple/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tvm7fp/shares_of_american_funds_target_date_for_simple/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Why is the guy who manages my simple Ira buying shares of American funds target date fund at a higher price than its currently being traded at? Is there a reason/strategy for this? Every statement shows shares being bought at a higher price than the market price</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Dentist100"> /u/Dentist100 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tvm7fp/shares_of_american_funds_target_date_for_simple/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tvm7fp/shares_of_american_funds_target_date_for_simple/">[comments]</a></span>Kind Regards R