I am already semi-retired at age 60.5. (I work part-time at home.) I have an IRA that is mostly invested in stock and bond mutual funds at a discount broker. When I first started managing my IRA investments myself about a year ago, I invested in a moderate way, with 20-25% in bonds and the rest in stocks and stock mutual funds. About 20% of the total is in a 1000 index fund. I now feel that I should have more in fixed income since I expect to begin drawing the interest later this year. However, for the last year most of my stock funds have lost money, and I hate to sell them at a loss. Every time my stocks and stock funds start to go up, they go down even more in a few days - well before I have recovered my losses. These are all good funds, or were, so I have been biding my time, but I wonder - for how long?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra