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Investing/Strategies / Retirement Investing
|Subject: Re: Traditional IRA - transfer & rollover||Date: 11/13/2003 5:39 PM|
|Author: going2win||Number: 37812 of 75780|
The IRA is larger - right now there's a little over $5k in stocks (only 2 stocks) and a little under $9k in the mutual fund. From what I can tell, they're performing about the same. I am a TOTAL rookie though, so I could be missing something...
The Mutual fund gives you excellent diversification (I'm assuming a Total Index fund or some sort) and your two stocks give you very little. If one stock suffers a major decline that will put a real dent in your total worth, whereas if that stock was part of an index fund, you probably wouldn't even notice it.
Should you sell your stock ? Personally, I wouldn't. But, I'd put any new money into the Index fund. It's fun to see if you can beat your mutual funds and picking stocks is a lot of fun too. And deciding when to sell is definitely a learning experience everyone should go through especially after the last monster Bear. (I still have JDSU in my portfolio)
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