veremchuka
Thinks s/he gets paid by the post
This afternoon I turned on CNBC at 2:59 PM and when I heard the DJIA was a few points from a 4+ year high I turned it off at 3:04 PM, you know what that high means! This way I couldn't do anything, I don't know how the market closed.
My "problem" is I have 37% in equities and 63% in fixed income. I want my AA to be 50/50. I want to take some profits off the table - Vanguard TSMI up 23% in almost 2.5 years and the Vanguard REIT up 27% in just 54 weeks but I don't want to rebalance because I want my equity allocation higher. If I exchange from either of these 2 funds I am locked out from repurchasing them for 60 days.
So I (oh boy here it comes!) think we have topped out (see the bold above) and are due for a pull back and would like to take the profit and then get back in after a pullback but the 60 day restriction may well prevent that.
I could exchange into say the S&P 500 and a SC fund to try to replicate the TSMI but I don't want to own funds for a short time and get a bunch of funds showing up on my statements when I just have TSMI, TISMI, GNMA, REITs and High Yield Corporate Bond. KISS but how to capture the profit and then up the equity portion?
Any ideas?
ETA I don't understand how to buy ETF's I do understand the nav of a mutual fund. Etf's would be a solution but at what price are you paying? This is why I stay in mutual funds.
My "problem" is I have 37% in equities and 63% in fixed income. I want my AA to be 50/50. I want to take some profits off the table - Vanguard TSMI up 23% in almost 2.5 years and the Vanguard REIT up 27% in just 54 weeks but I don't want to rebalance because I want my equity allocation higher. If I exchange from either of these 2 funds I am locked out from repurchasing them for 60 days.
So I (oh boy here it comes!) think we have topped out (see the bold above) and are due for a pull back and would like to take the profit and then get back in after a pullback but the 60 day restriction may well prevent that.
I could exchange into say the S&P 500 and a SC fund to try to replicate the TSMI but I don't want to own funds for a short time and get a bunch of funds showing up on my statements when I just have TSMI, TISMI, GNMA, REITs and High Yield Corporate Bond. KISS but how to capture the profit and then up the equity portion?
Any ideas?
ETA I don't understand how to buy ETF's I do understand the nav of a mutual fund. Etf's would be a solution but at what price are you paying? This is why I stay in mutual funds.
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