Too many or too few funds?

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Too many or too few funds?

Postby EternalOptimist » Fri Dec 21, 2012 4:13 pm

General question, roughly two-thirds of my retirement portfolio is with Vanguard funds and one-third with Fidelity. Is this OK or should I combine more, reallocate, other funds etc? I'm pretty satisfied :happy
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Re: Too many or too few funds?

Postby livesoft » Fri Dec 21, 2012 4:27 pm

If you are pretty satisfied, can you ask your question a different way?
It's all about short-term opportunistic rebalancing due to a short-term change in one's asset allocation, uh, I mean opportunistic rebalancing, uh I mean rebalancing, uh I mean market timing.
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Re: Too many or too few funds?

Postby midareff » Fri Dec 21, 2012 4:29 pm

I have tax advantaged and taxable with both although probably 90% is with VG. I like the 2% FIDO AMEX card which deposits cash direct into my investment account. It is probably a bit more work to track and review two monthly statements, store both, etc. Not a big deal either way. .. do what you are comfortable with, there is no right or wrong here.
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Re: Too many or too few funds?

Postby cheese_breath » Fri Dec 21, 2012 4:30 pm

Nothing wrong with Vanguard or Fidelity in general. But you need to tell us which funds you have with them
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Re: Too many or too few funds?

Postby EternalOptimist » Fri Dec 21, 2012 4:33 pm

Guess what I'm asking is should I put all my eggs in one basket by taking Vanguard equivalent from Fidelity. Generally don't lie 'all eggs in one basket' concept. Like many people, I guess my funds contain a lot of 'dogs and cats' but I'm satisfied :D
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Re: Too many or too few funds?

Postby RyeWhiskey » Fri Dec 21, 2012 4:39 pm

EternalOptimist wrote:Guess what I'm asking is should I put all my eggs in one basket by taking Vanguard equivalent from Fidelity. Generally don't lie 'all eggs in one basket' concept. Like many people, I guess my funds contain a lot of 'dogs and cats' but I'm satisfied :D


If you're satisfied then so be it - nothing to worry about. The only reason why you'd want to move would be because you weren't satisfied with the current set-up and desired something a bit simpler. So long as you're not over-complicating the whole process then having two accounts really isn't a big deal. :beer
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