retire2020
Recycles dryer sheets
- Joined
- Sep 22, 2012
- Messages
- 459
I just sold 1.683M of various MFs from all accounts(Brokerage/IRA/Roth IRA) yesterday. Why? I just want to start fresh.....I'm going through portfolio makeover(first time ever in my life) and don't know why but I just felt yesterday to sell most of them. Was it a good(lucky) move? Who knows? Only time(coming couple of weeks) will tell. I've been carrying 500K loss from .com years and just realized 110K of capital gain which I'll be offsetting with selling 110K loss in near future.
With the help of FA, I'll be investing this cash into DFA funds he suggests. I'm 48 and DW is 43. I'm thinking of starting with 65/35 mix and rebalance gradually to 60/40 in five years when I decide whether to fire or not.
What do you all think about my asset allocation plan and the sell I made yesterday? I've made many dumb moves in past and I hope this one is not one of them. I still have 627K invested mostly in FCNTX and about 100K in few Fidelity/Vanguard index funds which I'll sell and re-invest when my FA recommends which MFs to buy.
With the help of FA, I'll be investing this cash into DFA funds he suggests. I'm 48 and DW is 43. I'm thinking of starting with 65/35 mix and rebalance gradually to 60/40 in five years when I decide whether to fire or not.
What do you all think about my asset allocation plan and the sell I made yesterday? I've made many dumb moves in past and I hope this one is not one of them. I still have 627K invested mostly in FCNTX and about 100K in few Fidelity/Vanguard index funds which I'll sell and re-invest when my FA recommends which MFs to buy.
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