We have to revise our strategy to adjust our portfolio with respect to early retirement. Actually, we have bought several mutual stock funds without having had a real strategy in mind. So most probably we will have to replace all or most of them with those more suitable. I discussed this with my wife and said that there is no reason to spread the selling of certain ones and buying others over a longer period or wait until the economy will have recovered - provided you know what you want/need. So doing this as fast as possible is only a psychological problem since there is no right point in time regarding the state of the world economy and, thus, the indexes. Am I correct? If not, how would a good replacement strategy look like?
Olli
Olli