This is my first post and I would appreciate any advice I can get from seasoned investors. We would like to retire early and hope to do so in about 7 years, when my DH retires from the military. We have four kids to put through college first. Our Roth IRAs are currently at USAA, but I'm preparing to move them to Vanguard next month. I've learned a lot about expense ratios here and find this site to be a goldmine of information.
We also own Precious Metals at USAA. These funds are non-Roth and we don't need the money at this point. But, it's hard to see them taking such a major beating. Sadly (or should I say stupidly?), we bought them at their peak in 2011 and they are now worth less than 50% of their value. I'm half tempted to buy more shares, to try and offset the loss. We could hold them for another decade before we need the funds (i.e. to buy a house). Right now the precious metals (USAGX) are worth about 2.5% of our overall portfolio. Initially, they were worth about 5%.
But I'm not sure if that would be throwing good money after bad. If you were in my situation, would you sell the funds and take the loss? Would you hold them, hoping for a recovery? Or would you buy more shares since we seem to be near the bottom?
Thanks for any feedback or advice you can send my way.
We also own Precious Metals at USAA. These funds are non-Roth and we don't need the money at this point. But, it's hard to see them taking such a major beating. Sadly (or should I say stupidly?), we bought them at their peak in 2011 and they are now worth less than 50% of their value. I'm half tempted to buy more shares, to try and offset the loss. We could hold them for another decade before we need the funds (i.e. to buy a house). Right now the precious metals (USAGX) are worth about 2.5% of our overall portfolio. Initially, they were worth about 5%.
But I'm not sure if that would be throwing good money after bad. If you were in my situation, would you sell the funds and take the loss? Would you hold them, hoping for a recovery? Or would you buy more shares since we seem to be near the bottom?
Thanks for any feedback or advice you can send my way.