dgillett3

Early on I used all of my AB (all type 3 funds) to buy digots. My dxdebit available balance is just now getting up to the amount I had before I invested it in digots - but most of it in my portfolio is type 3 funds.

So, I have $69400+ in my dxdebit available. Are you saying that I should, right now draw all of that out, change it to type 2 and then reinvest it in digots? Would it be better to wait to closer to Dec. 20 since I am getting about $100 a day into my dxdw, which would equal about $42 if I did what you seem to be saying.

Dgillett

Shiisa

The key is to look at your time release balances... in all likelihood your G2 PFT3A is outgaining your PFT3... so you're not moving closer to having true PFs in your portfolio...

You can post those balances here, if you'd like us to take a look at them and help you to sort them out..

__________________
Jan
Shiisa Quilts -- indulge your inner artist
The Bernina 8 Series -- Too Good To Be True!

dgillett3

Below are the balances, as per you suggestion

. : Current Time-Release Balances In DXPortfolios : .



Production Funds: 0.00 DXG

Production Funds (on Type 3): 769.89 DXG

Production Funds (on Type 3 Actual): 16,615.52 DXG

Time Release Type 1: 0.00 DXG

Time Release Type 2: 1,189.77 DXG

Time Release Type 3: 67,655.83 DXG

yesterday the pft3 grew by $60, the pft3A by about $200. below are the rest of the facts on that one

. : Your DXPortfolio G2 Summary : .



Overall DXPortfolio Summary [ Show In Detail]

Number Of DXPortfolios: 1

Total Digot Value: 293,038.50 DXG

Total Reserve Balance: 134.61 DXG

Total DXDebit Withdrawn: 205,666.39 DXG

Total DXDebit Available: 69,480.88 DXG


DXPortfolio Production Funds: 0.00 DXG

DXPortfolio Production Funds (on T3): 769.89 DXG

The other thing that worries me is that when I get this done then they will change it again (they are the ones who told me to put my dxavailable into digots so "they will be growing you funds"

Thanks for you help

lynnette

All the while you have T3 funds in your portfolio, your PFonT3Actual will grow so that you will never be able to get true Production Funds in your account only PFT3 (which has to be paid back). Really, its a personal decision, you can wait it out and hope that DX someday release the T3 funds to T2 or you can change them to T2 yourself so that the PFonT3Actual stops growing. The plain fact is, until your PFT3 and PFT3A figures are level you won't earn true production funds.

__________________
Lynnette
If you always do what you've always done, you will always get what you've always got. If you want what you've never had, you have to do what you've never done.

mwong92683

What concerns me is the huge spread between your PFT3 and PFT3Actual in addition to the extremely high ratio of T3 funds in your portfolio. Without getting into actual figures (as I assume that someone who has a portfolio this large knows how to do their own calculations), I'd say it will take a loooooooong time before you are earning anything that you will actually be able to take out of the system equivalent to what would be possible without those T3s.

Why not swallow hard, take the hit now, and do your conversion before the rate drops any further (if you look at the history of conversion rates offered, you'll see that it has been steadily dropping), and get those funds earning for you? I'd also do whatever it takes to get rid of those T3 and T3Actual figures so you can just get on with the business of DX?

No matter what you're left with (and it looks to be a pretty big number to me), with all that T3, I'm sure you've gotten your fair share of profit over time, so why not get your portfolio in shape so you can start earning some gains going forward and keep that profit coming.

__________________
In Loving Memory of Richard Tin Lai Wong
Pearl Harbor Survivor
July 4, 1918 - July 8, 2008

kewzen

Hello Lynette,
this is exactly what makes me worries. I dropped almost all my DXDW at the end of October and since then my portfolio remains unchanged : PFT3 = 0 and PFT3Actual = 962. How can I get rid of PFT3Act. or what am I supposed to do with it?
For illustration :
account values :
PF = 12.09
T1 = 150.24
T2 = 0.52
T3 = 0
portfolio values :
TDV = 3,999
RB = 15
PF = -164
PFT3 = 0
PFT3A = 962
TR1 = 0
TR2 = 4,178
TR3 = 0.02 (two cents)

Any advice welcome.
Thank you
kewzen

kradford

Dgillett,
EXACTLY... and that means that you are now $140 farther away from earning true PF's... Yes, follow the advice above and get rid of your port T3's.

Ken

lynnette

Hello Kewzen

By the looks of your portfolio figures you must have converted your T3 funds to T2, is that right? If so, when did you do it and did you buy digots this session?

__________________
Lynnette
If you always do what you've always done, you will always get what you've always got. If you want what you've never had, you have to do what you've never done.

kewzen

Yes, I converted T3 to T2 on October 29 and bought digots the same day.

kradford

Kewzen,
The only way to "get rid of PFTA" is (if you have PFT3), you can withdraw PFT3's to AB... which will equally drop PFT3A's... BUT.. withdrawing PFT3's incurs the "double whammy"... so in the end, as I figure it, it actually turns out to be a wash to doing the ("more traditional") following.

Simply let your PFT3's grow to be > PFT3A's... from then on out, you will THEN start to earn true PF's...

You see, in essence (no matter "how you slice it")... PFT3A's are a "counter asset"... (i.e "liabiltiy") to ones portfolio.

As a side note, you might as well get that $150 over from your AB and into your port as well... as it's not making you any gains sitting in AB.

Ken