UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: mbanelson Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75610  
Subject: Current IRA Mutual Fund vs Foolish 4? Date: 10/1/1998 7:13 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I recently became a Foolish investor and wish that I had become one a long time ago. However, my current situation has presented itself with several important questions I need some sound advice on.

About three to four years ago I invested in two mutual funds as an IRA. A couple of years ago I opened an additional one for my wife. I have not been impressed whatsoever in their performance to date, however, I realize that the long-term with smooth out these valleys. I would, however, like to take the money I have invested in these mutual funds, seel the funds and invest in my Foolish 4 portfolio. Is this Foolish (good) for me to do? If so, what tax penalties, if any will I incurr?

Also, I was curious, on an annual average, about what percentage of my returns on Investment will be taxed?

Thank you for your assitance.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Value Hounds

Ubiquiti Analysis
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement