No. of Recommendations: 0
So after following the Fool, Morningstar and a couple of other sites, now I feel like I have to make changes, but I'm afraid to do the wrong thing. I've got about $20,000 in a taxable account, split between three big funds. Two are OK but not, of course, matching the S&P. One was sort of a dog in 1998, but is now at 24% YTD. The others are around 15%. I also have $13,000 in an IRA, divided pretty much the same. I think I need to at least reallocate to index funds, maybe Vanguard 500, etc., but I understand the minimum is $3000, which seems like a chunk to be moving at any given time. I also just started a 401K this year, witholding 15%, divided between their "Aggressive" mix, equity, growth, foreign, special equity--no index option available. I have 30 years until retirement. Do I dump all of it immediately for index funds and forget about it, or do I do it gradually to minimize the capital gains nightmare and go for dollar averaging. I'd try the Foolish recipes but I don't have enough confidence to "bet the farm". Any thoughts?
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.