Keyboard Ninja
Recycles dryer sheets
- Joined
- Apr 13, 2008
- Messages
- 157
Ok so now I'm on to John C. Bogle's "The Little Boof of Common Sense Investing". After reading the first six chapters I believe I am going to get rid of my Fidelity Freedom 2040 Fund {FFFFX} and put the money into the Fidelity Four-in-One Index Fund {FFNOX}. The buy and hold forever thing is just alot easier to manage.
For the sake of learning...
The question is about tax-efficiency. Apparently managed funds like the FFFFX trade often and therefore incure capital gains taxes. So would this be better in a traditional IRA? Also would the opposite be true for the FFNOX?
For the sake of learning...
The question is about tax-efficiency. Apparently managed funds like the FFFFX trade often and therefore incure capital gains taxes. So would this be better in a traditional IRA? Also would the opposite be true for the FFNOX?