You bought wine, but the bottle cracked. You pour out the wine into another bottle, seal the cap and store it back in the basement. Does that make you a wine bottle breaker?I have a question regarding selling one target date fund for another. I have heard about this.In my opinion, these choices make the easiest portfolio possible. I would not worry about it. Every few years, just figure out if you are over, under or near your target and adjust as needed. For example if you are more aggressive than target just sell a 2055 fund and buy a 2045 fund...something like that.
With two pensions, I'd be investing at least half in Roth accounts if available.
Since I would be doing this in a tax advantage account, there would be no tax consequences or fees.
But would there be any down side to doing this from a investment standpoint?
Say I sell TD 2055 and buy TD 2065 in all my accounts.
I have been buying TD 2055 since 2013 does that go against buy and hold, since I had picked a lot of those shares cheeper throughout the years? Or because I am selling and buying for the same price does that negate that?
I’m sure this is a silly question with a obvious answer, but this is always confused me
Statistics: Posted by lakpr — Fri Mar 01, 2024 8:38 pm