LRDave
Thinks s/he gets paid by the post
I need some house cleaning advice (Portfolio, not crib!)
This morning I FINALLY moved all of my IRA funds with MSSB over to fido (where the majority of my IRA funds have been for a while).
(Prepare to have your surprised face on....) All of the MSSB funds that moved over have back-end loads. I have held them all long enough that the back-end loads are as low as they are going to go.
I am going to reallocate my IRA to a much simpler, low-cost (using Spartan index funds) portfolio that matches my target AA - couch potato-style basically.
I am new and still learning - is there any reason NOT to go ahead and take the back-end load hit now as opposed to later? (Given that I just moved the same exact funds and positions from MSSB to fido.)
This morning I FINALLY moved all of my IRA funds with MSSB over to fido (where the majority of my IRA funds have been for a while).
(Prepare to have your surprised face on....) All of the MSSB funds that moved over have back-end loads. I have held them all long enough that the back-end loads are as low as they are going to go.
I am going to reallocate my IRA to a much simpler, low-cost (using Spartan index funds) portfolio that matches my target AA - couch potato-style basically.
I am new and still learning - is there any reason NOT to go ahead and take the back-end load hit now as opposed to later? (Given that I just moved the same exact funds and positions from MSSB to fido.)
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