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Ok, I have read all I can in the Fool, and I am ready to go for it. I am a young investor, mid 20's. Just started IRA for my wife, setting one up now at E-trade for myself. Have about 30% of long term savings in stocks, and 70% of long term savings in mutual funds. From what I have read, I need to reverse the stocks/mutual fund allocation. I am going to do the foolish 4 formula, and also the Rule breaker/Rule maker portfolio. I have been in Mutual funds for 5 years, and investing with Etrade for almost 2 years.

My question is, should I sell the mutual funds that I have now, and purchase stock (of course after careful research)? Or should I keep what I have in mf, just cancel our monthly allotments to them and slowely start purchasing stock? Again, this money is long term for retirement, and I can handle big swings in the market.

Additionally, is it smarter to purchase stock, say everytime you have a $500-$1000 or so, or keep the cash and wait until you have $2000+ to purchase? (to save on E-trades commission)

Anyone faces these decisions before, and can give some advice on their experience?
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