Just wanted to say thanks for all of the good information on this site. I'm 2.5 years out of fellowship and I wish I would have found all of this good info in med school or residency. But, better late then never and luckily I did start some things right out of training. I started max contribution to 401K, Backdoor Roth, and taxable account. I had a financial advisor right out of the gate managing Roth and taxable account, and although they were good guys and didn't do anything outlandish, I felt like it was time to become a diy investor and branch out. I also did the math of 1% for the next 20-30 yrs and I was ready.
So, now the reality of making the move. The accounts were through fidelity so I will probably leave them there. My question is, with the market being up should I just leave the assets alone and work toward by desired AA and from this point on add premium shares, or sell everything and start over with the premium class shares I would prefer. I'm currently in ishares total market and s&p (which is the bulk), but also in a few mutual funds...fidelity contra fund, moat, and a few others. Would hate to pay cap gains when I sell but also would like to move towards a simpler more organized portfolio.
Also I know everyone prefers muni bonds in a taxable account, does anyone know what that preferred fund would be in fidelity? If I'm still working on student loan payoff should that be considered my bond allocation and have all stocks?
Thanks for all y'alls help and really do appreciate all of the good people and info on this site!
So, now the reality of making the move. The accounts were through fidelity so I will probably leave them there. My question is, with the market being up should I just leave the assets alone and work toward by desired AA and from this point on add premium shares, or sell everything and start over with the premium class shares I would prefer. I'm currently in ishares total market and s&p (which is the bulk), but also in a few mutual funds...fidelity contra fund, moat, and a few others. Would hate to pay cap gains when I sell but also would like to move towards a simpler more organized portfolio.
Also I know everyone prefers muni bonds in a taxable account, does anyone know what that preferred fund would be in fidelity? If I'm still working on student loan payoff should that be considered my bond allocation and have all stocks?
Thanks for all y'alls help and really do appreciate all of the good people and info on this site!
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