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Losing Dodge & Cox Balanced DODBX
Old 04-29-2007, 08:17 PM   #1
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Losing Dodge & Cox Balanced DODBX

RATS!!! I just learned that my employer is changing fiduciaries of my 401k plan and DODBX will be dropped. I currently have 51% in this fund am 2 years from FIRE and my plan was to use this great fund as a core holding in retirement. As most know the fund is closed. My employer will not allow a rollover prior to retirement. Does anyone on the board know how I could get back into this fund in 2 years? I'm thinking that I should try to explain my dilema to Dodge & Cox now and see if they have a provision for this situation.
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Re: Losing Dodge & Cox Balanced DODBX
Old 04-29-2007, 08:30 PM   #2
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Re: Losing Dodge & Cox Balanced DODBX

I am about to sell some shares of DODBX. I wonder if I can sell outside the normal brokerage pathway. Maybe on E-bay?
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Re: Losing Dodge & Cox Balanced DODBX
Old 04-29-2007, 08:40 PM   #3
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Re: Losing Dodge & Cox Balanced DODBX

Quote:
Originally Posted by LOL!
I am about to sell some shares of DODBX. I wonder if I can sell outside the normal brokerage pathway. Maybe on E-bay?
LOL, old buddy, we need to talk. I'm gonna' make you an offer you can't refuse. (This is just between me and LOL--no need for anyone else to get involved here).
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Re: Losing Dodge & Cox Balanced DODBX
Old 04-29-2007, 09:12 PM   #4
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Re: Losing Dodge & Cox Balanced DODBX

Count me in. I'll buy. Let me know the arrangement.
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Re: Losing Dodge & Cox Balanced DODBX
Old 04-29-2007, 09:21 PM   #5
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Re: Losing Dodge & Cox Balanced DODBX

me too!
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Re: Losing Dodge & Cox Balanced DODBX
Old 04-30-2007, 12:03 AM   #6
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Re: Losing Dodge & Cox Balanced DODBX

Hogtied...

Check to see if they MAKE you move your money.... sometimes when they transfer providers, you can keep your money in your current funds, just not put any more money in them....

This is not always the case, but it is something to ask... tell the administrator you don't want to move your 'old' money... see what happens..
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Re: Losing Dodge & Cox Balanced DODBX
Old 04-30-2007, 12:13 AM   #7
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Re: Losing Dodge & Cox Balanced DODBX

They should tell you if you are allowed to keep it. When our MegaCorp did this, we have to give up our Index funds (S&P500, Russell 2000 and an International) in favor of a fund of funds. Of course, they left a back door which requires me to do a transfer every week but I think that it is worth it.
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Re: Losing Dodge & Cox Balanced DODBX
Old 04-30-2007, 12:58 AM   #8
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Re: Losing Dodge & Cox Balanced DODBX

from what I understand, if I do nothing the new system will default me into a new fund-of-funds. Have not read anything that would allow me to keep DODBX. I'll have to check with HR and the new administrator. Thanks.
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Re: Losing Dodge & Cox Balanced DODBX
Old 04-30-2007, 07:36 AM   #9
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Re: Losing Dodge & Cox Balanced DODBX

hogtied,

Do you have any money in other retirement accounts [IRAs, etc.]? Since you're a shareholder of DODBX, you could probably use the non-401(k) money to invest in DODBX, then when you retire, roll the 401(k) into an IRA w/ DODBX.

- Alec
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Re: Losing Dodge & Cox Balanced DODBX
Old 05-01-2007, 09:50 PM   #10
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Re: Losing Dodge & Cox Balanced DODBX

learned that there has been an uproar by the employees over the loss of DODBX. Corporate HR is now considering adding it to the new list.
Power to the people!
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Re: Losing Dodge & Cox Balanced DODBX
Old 05-01-2007, 10:20 PM   #11
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Re: Losing Dodge & Cox Balanced DODBX

Keep the pressure on...
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