Years ago, I bought some ING mutual funds, because I had/have a savings account there and the minimum requirements were low and I didn't really know what I was doing. Currently, I just have $3k in their INDEX+Large Cap fund. Well, I'm wanting to start adding to my after-tax investments, but not necessarily with ING.
I already have my Roth and previous employer's 401k with Fido. So, I was weighing the benefit of having everything in one place versus going with Vanguard. I was leaning towards Vanguard and just simply investing in Windsor with my after-tax money, and eventually diversifying ( I am already diversified with my pretax investments ).
My questions are:
1) Is Windsor a reasonable fund for after-tax investments? Looks like a fairly sizable yield ... would I be better off going with a more tax-efficient fund?
2) Should I sell the ING fund and move the $ over? I don't particularly like the fund, but it's not terrible, either. I'm currently padding my savings so I can Make the 10k minimum investment for Windsor. I'd be potentially hit with Capital gains tax, but then I'd have the money to open the Vanguard account now versus waiting. Plus, I'd have my after tax accounts in one place.
Just curious to hear your thoughts. Thanks!
I already have my Roth and previous employer's 401k with Fido. So, I was weighing the benefit of having everything in one place versus going with Vanguard. I was leaning towards Vanguard and just simply investing in Windsor with my after-tax money, and eventually diversifying ( I am already diversified with my pretax investments ).
My questions are:
1) Is Windsor a reasonable fund for after-tax investments? Looks like a fairly sizable yield ... would I be better off going with a more tax-efficient fund?
2) Should I sell the ING fund and move the $ over? I don't particularly like the fund, but it's not terrible, either. I'm currently padding my savings so I can Make the 10k minimum investment for Windsor. I'd be potentially hit with Capital gains tax, but then I'd have the money to open the Vanguard account now versus waiting. Plus, I'd have my after tax accounts in one place.
Just curious to hear your thoughts. Thanks!