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I have one question. It requires a bit of background. Let's see if I can state it clearly.

We just dumped our tax-deferred annuity that was snail paced and moved about $80k into 403(B) mutual funds (we're teachers). We took a big hit for early withdrawal, and our "new" financial advisor put us into some high fee back loaded funds. That's the background, now here is the question.

We have our money in four mf companies -- Janus, AIM, Putnam, Oppenheimer. Lots of high fees in some of these funds. Regardless of their individual performance question is...are we spread too thin? Is four companies, with three mfs per company too many?

I'm asking because we want to also now include a low-fee Vanguard Index fund but we're afraid we're spreading ourselves too thin. We can't pull the money and pay another withdrawal fine.

Nutshell -- would anyone suggest should we go with a fifth mf company or not?

Any please, if you have any related advice, I'm all ears.

Thanks a million (someday)
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