No. of Recommendations: 0
I have a Roth IRA with several Putnam Funds.
My broker is suggesting I dump the funds as they are not happy with the direction that Putnam is heading and roll over the money into American Funds.
Due to the economy I havent contributed for 2 years.
I dont know much about american funds but know that putnam has had some questionable activity at one time.
With all the problems with the market, can I do any better with american funds or is he maybe looking at the commission aspect of the swap.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.