I had a talk with my free Fidelity Adviser to review my entire portfolio. Last year, I had made some reallocation moves. I was happy with my choices (50/50 Balanced). He asked me to think about what I would want to do if the market corrected this year. We are to have this discussion in April.
What would you do with these types of funds in general, to ride out a market correction? Take profits now and sell all or part, use proceeds to buy into what category or leave in cash ? Or let it ride? At this time, I know there is one fund I would want to let it ride/ buy more and that is #5 Vanguard Wellesley Income.
1. Total Market Index Fund (FZROX)
2. Value Strategy Stock Fund (DODGX)
3. Growth Strategy Stock Fund (TRBCX)
4. Allocation Fund 70/30 (FBALX)
5. Allocation Fund 30/70 (VWINX)
6. Intermediate Bond Fund (DODIX)
7. Short term Bond Fund (FJRLX)
8. International Equity Fund (DODFX)
9. Intermediate Bond Index Fund
10. Sector Healthcare and Consumer Discretionary Funds
What would you do with these types of funds in general, to ride out a market correction? Take profits now and sell all or part, use proceeds to buy into what category or leave in cash ? Or let it ride? At this time, I know there is one fund I would want to let it ride/ buy more and that is #5 Vanguard Wellesley Income.
1. Total Market Index Fund (FZROX)
2. Value Strategy Stock Fund (DODGX)
3. Growth Strategy Stock Fund (TRBCX)
4. Allocation Fund 70/30 (FBALX)
5. Allocation Fund 30/70 (VWINX)
6. Intermediate Bond Fund (DODIX)
7. Short term Bond Fund (FJRLX)
8. International Equity Fund (DODFX)
9. Intermediate Bond Index Fund
10. Sector Healthcare and Consumer Discretionary Funds