If you can swap the FXAIX fund with a minimal (or zero) tax cost, then it would be worth doing.I'm wondering if I should worry about capital distributions long term (20+ years) with my portfolio described below. I don't intend on retiring for another 20+ years. I do have overlap in several funds with Fidelity 500, Large Cap Growth, Total Market, and QQQ. Please let me know if is recommended to switch out the FXAIX with an ETF like VTI in brokerage? I understand that FXAIX hasn't had a capital distribution since 2019 and discovered this year as well so a good 5 years.
I was thinking of condensing the Roth IRA to only the FSKAX (Total US Market fund) and FTIHX (Total International Index fund)
I appreciate the input.
Brokerage
FXAIX (S&P 500 Index)
QQQ (Invesco Nasdaq 100)
ROTH IRA
FSPGX (Large Cap Growth Index)
FXAIX (S&P 500 Index)
FSKAX (Total US Market Index)
FXNAX (US Bond)
Another alternative is to stop reinvesting dividends in FXAIX, and put that dividend money toward an ETF so you won't be adding to the size of the FXAIX position.
As for the Roth account, making changes there is fine if you want to reduce the overlap among the funds. Since it appears you don't have a 401k or other tax-deferred account to hold your bond allocation, the Roth account is probably the next best place to put a bond fund in your circumstance.
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Statistics: Posted by retired@50 — Fri Dec 13, 2024 8:34 am — Replies 1 — Views 140
