explanade
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- Joined
- May 10, 2008
- Messages
- 7,442
I'm a couple of percentage points over the target equity percentage.
I have a number of funds in different institutions, including accounts I've had for over 20 years.
This would be the first time redeeming any funds for any reason. I could close out some of these smaller accounts and invest the proceeds in a VG bond fund or maybe Wellesley, which would also consolidate my holdings since VG is where most of my after tax holdings are in dollar terms.
However, some of these older accounts would have more gains than other accounts.
Would it make more sense to liquidate accounts which would have smaller gains for tax reasons?
I have a number of funds in different institutions, including accounts I've had for over 20 years.
This would be the first time redeeming any funds for any reason. I could close out some of these smaller accounts and invest the proceeds in a VG bond fund or maybe Wellesley, which would also consolidate my holdings since VG is where most of my after tax holdings are in dollar terms.
However, some of these older accounts would have more gains than other accounts.
Would it make more sense to liquidate accounts which would have smaller gains for tax reasons?