I am in the same situation. In the tax-advantaged accounts I went ahead and sold everything and replaced with a couple funds that fit my desired simple portfolio.Thanks TomatoTomahto. One option I have considered is making the change in the Tax Advantaged and then only making the change in the Taxable with the lots that had lower percentage Gains - like less than 40% etc. (none have losses at this point since I have been pretty diligent about harvesting and performing rebalancing in tax advantaged accounts) My concern is that I will look back in 10 years and wish I had made the full switch.
For the taxable account, I sold any individual lots that had a loss or long term lots that had very small gain (below 5%). Going forward, as tomato suggested, I reinvest any dividends into the funds I want to keep. As I sell off funds for expenses starting in 2025, I'll be selling off the funds that don't fit into my desired portfolio first. Eventually, it will be a simple portfolio.
Statistics: Posted by WeakOldGuy — Mon Nov 11, 2024 12:47 am — Replies 13 — Views 1029
