Dear Samclem and other forum members,
We have 80% of our larger IRA invested 50/50 Wellington and Wellesley. I follow Dan Wiener's newsletter and forum and many over there have positions in Vanguard Dividend Growth and VG Health Care Fund. I have small positions in Dividend Growth and LifeStrategy Growth in our 2 smaller tax-deferred accounts, but don't know if these should just be folded into W/W. Do Dividend Growth and LifeStrategy Growth add value to our portfolio?
Also, I bought VG Health Care Fund “on the way down” from $231 to $193. Now it is starting to trend up a little. This sector is overweighted in our portfolio and needs to be rebalanced when it makes sense to start selling off some shares. I’m hoping to use profits from Health Care to fund our first RMD this year. I think HC will be a winner (again) in the long run, but I see how quickly profits can evaporate in this volatile market and it could just as easily start dropping again.
Can anyone suggest a systematic plan for selling off some shares as it goes up to set aside some money for our RMD? I monitor the sectors throughout the market day and can see when the health care sector is having an “up” day, but am confused about when to start selling shares due to the great range of share prices. In a low growth environment, what would you suggest as selling points to take some profits?
If HC does not trend back up, should I take our RMD from Wellington, Wellesley, or our Intermediate Bond Fund?
Thanks!
Goldenmom
We have 80% of our larger IRA invested 50/50 Wellington and Wellesley. I follow Dan Wiener's newsletter and forum and many over there have positions in Vanguard Dividend Growth and VG Health Care Fund. I have small positions in Dividend Growth and LifeStrategy Growth in our 2 smaller tax-deferred accounts, but don't know if these should just be folded into W/W. Do Dividend Growth and LifeStrategy Growth add value to our portfolio?
Also, I bought VG Health Care Fund “on the way down” from $231 to $193. Now it is starting to trend up a little. This sector is overweighted in our portfolio and needs to be rebalanced when it makes sense to start selling off some shares. I’m hoping to use profits from Health Care to fund our first RMD this year. I think HC will be a winner (again) in the long run, but I see how quickly profits can evaporate in this volatile market and it could just as easily start dropping again.
Can anyone suggest a systematic plan for selling off some shares as it goes up to set aside some money for our RMD? I monitor the sectors throughout the market day and can see when the health care sector is having an “up” day, but am confused about when to start selling shares due to the great range of share prices. In a low growth environment, what would you suggest as selling points to take some profits?
If HC does not trend back up, should I take our RMD from Wellington, Wellesley, or our Intermediate Bond Fund?
Thanks!
Goldenmom