freetodream
Recycles dryer sheets
I have been thinking about selling 2 Fidelity bond funds and making one purchase into VWINX (Wellesley). There will be a $75 fee to Fidelity in order to make the purchase. The funds I would be selling are FBNDX Fidelity Investment Grade bond fund (currently $23,000) and FSITX Fidelity Spartan bond index fund (currently $26,00).
I am a long term buy and hold investor. I know - I am late to the party and will be selling in a down bond market. I am considering the loss a serious matter vs thinking VWINX may make up the loss in a year or so.
Would you sell and take the loss or continue to hold the present funds I currently own? Looking for advice.
And one other question or two: How do fund dividends offset YTD losses (received a dividend of approximately .020889)? Is that dividend reflected in the YTD gain or loss of a fund?
I am a long term buy and hold investor. I know - I am late to the party and will be selling in a down bond market. I am considering the loss a serious matter vs thinking VWINX may make up the loss in a year or so.
Would you sell and take the loss or continue to hold the present funds I currently own? Looking for advice.
And one other question or two: How do fund dividends offset YTD losses (received a dividend of approximately .020889)? Is that dividend reflected in the YTD gain or loss of a fund?