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Author: rjm1 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: Re: Getting out of mutual funds Date: 1/16/2000 11:08 AM
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I am about to take an early retirement and have decided to move some of my investments to areas of less risk. For
years, at the advice of a few money managers, I have invested heavily in a diverse group of mutual funds (this is outside
my retirement fund). Now I have suddenly realized that all the good advice I have recieved over the years did not
contain a strategy to get out of the funds. Here I sit looking at mountains of monthly statements and with no clue on
how to get out of the funds in a tax friendly way. There must be something written on this subject. Could someone point
me in the right direction? Thanks!


Read the instructions on IRS Sch D for form 1040 to determin the basis of your shares. You have several choices. Remember that when you reinvested dividends this was a new purchase and the dividends add to your cost.

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