hello,
I have a taxable account that is currently down in value from earlier this year.
the assets are largely in loaded mutual funds, which is not something I was fully aware of when my last advisor put me into those funds.
I would like to sell the majority and go into index funds. should I wait for the market to go back up before I make this move?
it is a large account. I’m trying to move away from paid advisors and the associated fees.
Posted by Misericordee
2 Comments
Depends on how they are loaded, how long you’ve had them, type, etc.
Details yield better results in these type of discussions.
I would just sell the ones without huge gains first and then do one or two a year after that to save on taxes.