I have several different index funds with what I feel are high expense ratios and I’m looking at selling them and taking all the money from the sale and purchase FSKAK – Fidelity Total Market or FFNOX – Fidelity Multi Asset.
These funds are all in taxable accounts and my AGI income will be well below the $83,350 for married filing jointly.
Does this sound like a good plan and which fund would you purchase with the proceeds from this sale.
Below is more detail information. Thanks in advance for your advice!!
FCPGX – Fidelity Small Cap – Exp Ratio = 1.02%
Quantity = 681 – Estimated Gross = $16,194.18 Estimated Gross after Cost Basis = $5,650
FDIVX – Fidelity Diversified International – Exp Ratio = 1.01%
Quantity = 143 – Estimated Gross = $5,226.65 Estimated Gross after Cost Basis = $1,389.96
FLPSX – Fidelity Low Price Stock – Exp Ratio = 0.82%
Quantity = 182 – Estimated Gross = $15,797.60 – Estimated Gross after Cost Basis = $1,579.76
FRIFX – Fidelity Real Estate – Exp Ratio = 0.71%
Quantity = 726 – Estimated Gross = $8,145.72 – Estimated Gross after Cost Basis = $696.96
FSMEX – Fidelity Select Medical – Exp Ratio = 0.68%
Quantity = 365 – Estimated Gross = $22,224.85 – Estimated Gross after Cost Basis = $11,599.70
Total Estimated Gross = $67,588.95
Total Estimated Gross after Cost Basic = $20,916.38
These funds are all in taxable accounts and my AGI income will be well below the $83,350 for married filing jointly.
Does this sound like a good plan and which fund would you purchase with the proceeds from this sale.
Below is more detail information. Thanks in advance for your advice!!
FCPGX – Fidelity Small Cap – Exp Ratio = 1.02%
Quantity = 681 – Estimated Gross = $16,194.18 Estimated Gross after Cost Basis = $5,650
FDIVX – Fidelity Diversified International – Exp Ratio = 1.01%
Quantity = 143 – Estimated Gross = $5,226.65 Estimated Gross after Cost Basis = $1,389.96
FLPSX – Fidelity Low Price Stock – Exp Ratio = 0.82%
Quantity = 182 – Estimated Gross = $15,797.60 – Estimated Gross after Cost Basis = $1,579.76
FRIFX – Fidelity Real Estate – Exp Ratio = 0.71%
Quantity = 726 – Estimated Gross = $8,145.72 – Estimated Gross after Cost Basis = $696.96
FSMEX – Fidelity Select Medical – Exp Ratio = 0.68%
Quantity = 365 – Estimated Gross = $22,224.85 – Estimated Gross after Cost Basis = $11,599.70
Total Estimated Gross = $67,588.95
Total Estimated Gross after Cost Basic = $20,916.38