murphearlyretirement
Dryer sheet aficionado
I have three mutual funds worth about $90,000, should I move these assets into an Index fund or something else? My financial advisor at Fidelity wants to move them into a professionally managed account to offset the capital gains taxes. I don't think I will do that because of the fees. Is there any reason I shouldn't leave these funds alone? She also wants to move my Roth IRA into a managed account. As i have mentioned in another thread I think she is getting commission on opening professionally managed accounts. I already have Fidelity managing my ROLLOVER IRA. Here are the three mutual funds:
BEGRX
FRANKLIN MUTUAL BEACON CLASS Z
MDISX
FRANKLIN MUTUAL GLOBL DISCOVERY Z
KAUFX
FEDERATED KAUFMANN CLASS R
BEGRX
FRANKLIN MUTUAL BEACON CLASS Z
MDISX
FRANKLIN MUTUAL GLOBL DISCOVERY Z
KAUFX
FEDERATED KAUFMANN CLASS R