Fred is 74, I am 63. We are both retired, with about 1.4million invested by "others", namely a bank trust and a Finacial Advisor who works through Raymond James. We have never bought a share of stock in our lives outside of the mutual funds our advisor has put us in. The only index fund we have is a Vanguard fund which we requested she invest for us. Now here's the problem: We want to go from being foolish to being Foolish ASAP but we don't know how! We have an appt with our advisor on Jan 25. We have an account with her (not IRA) worth $465K which is invested in about a dozen different mutual funds and bond funds which have under-performed the S&P to one degree or another for the last year. Should we just clear out this account and start over? Will the cost be worth it? Can't wait to hear from you!