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Author: EllenE Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 11198  
Subject: Dumping my Dogs Date: 4/9/2000 11:12 PM
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No, I'm not suggesting animal abuse...

OK, after a year (maybe more) of reading up on this investing stuff, and even opening an account or two, I'm finally ready to dump my mutual funds, which are total dogs. I originally funded them (with a modest inheritance) on the advice of a very Wise and very personable advisor (who coincidentally happened to work for the fund company...) I mean, he was so nice! And seemed to be genuinely concerned about my financial success... Ah well...

Anyway, I've decided in which order they get dumped, but before I start the dumping process I have a question or two.

First, is it better to dump one all at once, or bit by bit (i.e. reverse dollar cost averaging--is that even a term?)

Second, when jumping into my next investment (probably an index fund--still a bit shaky with stocks) should I dollar cost, or just put all in at once?

Finally, should I completely dump one (by whichever method) before starting the process on the next, or just get out of all ASAP?

Thanks for any advice.

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