/ Ask Terry Questions / portfolio adjustment

portfolio adjustment

By Terry Savage on July 27, 2016 | Investments

I am retired for three years. My present portfolio has a mutual fund component that is presently very diversified. So much so that I do not have the capability and acumen to manage it properly. I have been considering consolidating into various diversified index funds. My question, based on the current record high levels of the DJI, is this a good time to make that transfer into index funds?

Terry Says

Aha -- your timing is great!  I just this afternoon posted a new column that specifically deals with that issue.  Click on this link to read why I've always been a fan of index funds.  That said, some diversification is a good idea.  If you're working with Fidelity or Vanguard or T. Rowe Price they offer that kind of advice at no cost if you have at least  $50,000 invested with them.  And that's probably where you have your account because they all have index funds, where broker-sold funds typically don't offer index funds because there is no room for commissions!



a personal
finance question