lsimpson33
Dryer sheet aficionado
- Joined
- Jan 16, 2018
- Messages
- 37
Question: How do I figure out if it's worth it to sell my total stock market index fund shares and move them to a S&P 500 index fund (which has higher returns, even with fees)?
When I set-up my investment strategy, I set it up around a total stock market index fund (FZROX) vs. an S&P 500 index fund (FXAIX). I thought the fees would make FZROX a better option, but in reality I should have chosen the FXAIX. Whoops. Not a terrible whoops, but a whoops.
Between October 2018 and February 2019, I did a series of lump sum investments into FZROX. After that, I've done monthly investments into it. These monthly investments probably average around $6,400.
Current cost basis: 171,072.27
Current value: 218,532.41
Capital gains tax bracket: 15%
Income tax bracket: 24%
Years to FIRE: 9
When I set-up my investment strategy, I set it up around a total stock market index fund (FZROX) vs. an S&P 500 index fund (FXAIX). I thought the fees would make FZROX a better option, but in reality I should have chosen the FXAIX. Whoops. Not a terrible whoops, but a whoops.
Between October 2018 and February 2019, I did a series of lump sum investments into FZROX. After that, I've done monthly investments into it. These monthly investments probably average around $6,400.
Current cost basis: 171,072.27
Current value: 218,532.41
Capital gains tax bracket: 15%
Income tax bracket: 24%
Years to FIRE: 9