Search found 84 matches

by financeisfun
Thu Jan 21, 2021 10:21 pm
Forum: Personal Investments
Topic: Some questions regarding tax loss harvesting and wash sales
Replies: 4
Views: 343

Re: Some questions regarding tax loss harvesting and wash sales

No. VTI and VXUS follow different indexes than the other mutual funds. VTI follows the CRSP US Total Market Index and VXUS follows the FTSE Global All Cap ex US Index. You're safe. Thanks for the reply. The more I'm reading previous threads about VTI/ITOT/FSKAX/etc., even though there are differenc...
by financeisfun
Thu Jan 21, 2021 6:37 pm
Forum: Personal Investments
Topic: Some questions regarding tax loss harvesting and wash sales
Replies: 4
Views: 343

Re: Some questions regarding tax loss harvesting and wash sales

Thanks for the response, livesoft. not substantially identical Is this because they have different sets of holdings and/or benchmarks? 2. N/A 3. N/A I'm curious about the answers to 2 and 3 in the case of "substantially identical" funds, just so I know how to proceed in that situation. Wou...
by financeisfun
Thu Jan 21, 2021 5:47 pm
Forum: Personal Investments
Topic: Some questions regarding tax loss harvesting and wash sales
Replies: 4
Views: 343

Some questions regarding tax loss harvesting and wash sales

Hi all, I am planning on investing in VTI and VXUS in a taxable account and am looking into tax loss harvesting and wash sales. I've looked through previous posts on this topic, but need a few clarifications for our specific situation: In our retirement accounts, my spouse and I currently invest in:...
by financeisfun
Tue Jan 12, 2021 7:06 pm
Forum: Personal Investments
Topic: Questions about backdoor Roth and nondeductible contributions
Replies: 10
Views: 541

Re: Questions about backdoor Roth and nondeductible contributions

How bad is your spouse's 401k? How much in tIRA would need to be rolled into the 401k to allow for a clean backdoor Roth? Roth space is quite valuable. What are fees in wife’s workplace 401k. Sometimes people post that statement here but then it turns out that there is a perfectly acceptable S&...
by financeisfun
Tue Jan 12, 2021 5:09 pm
Forum: Personal Investments
Topic: Questions about backdoor Roth and nondeductible contributions
Replies: 10
Views: 541

Re: Questions about backdoor Roth and nondeductible contributions

Have gotten helpful advice so far, but am also curious to hear the thoughts of a couple others on the second question in the original post. In particular, in deciding between non-deductible tIRA vs. taxable. One potential risk that comes to mind of choosing taxable over non-deductible tIRA is if the...
by financeisfun
Tue Jan 12, 2021 5:02 pm
Forum: Personal Investments
Topic: Questions about backdoor Roth and nondeductible contributions
Replies: 10
Views: 541

Re: Questions about backdoor Roth and nondeductible contributions

tashnewbie wrote: Tue Jan 12, 2021 3:11 pm I'd probably use VTSAX/VTI and VTIAX/VXUS instead of VT
anon_investor wrote: Tue Jan 12, 2021 3:19 pm +1 using VTSAX/VTI and VTIAX/VXUS instead of VT in a taxable account
Thanks for the advice. Will accordingly go that route instead of VT in our taxable accounts.
by financeisfun
Tue Jan 12, 2021 3:03 pm
Forum: Personal Investments
Topic: Questions about backdoor Roth and nondeductible contributions
Replies: 10
Views: 541

Re: Questions about backdoor Roth and nondeductible contributions

Thanks for the reply. There's nothing that prohibits you from using the backdoor And is my understanding correct that, other than needing to fill out Form 8606 in any year that I do the backdoor Roth and making sure I don't withdraw the funds for 5 years, I won't really need to keep track of the bac...
by financeisfun
Tue Jan 12, 2021 1:00 pm
Forum: Personal Investments
Topic: Questions about backdoor Roth and nondeductible contributions
Replies: 10
Views: 541

Questions about backdoor Roth and nondeductible contributions

I'm not sure if my spouse and I are going to exceed the Roth IRA MFJ limit this year. A bit of background: we both contribute to our respective 403(b)/401(k)s, I have a Roth IRA but no existing tIRAs, and my spouse has both a Roth IRA and a tIRA (which currently consists of only pre-tax contribution...
by financeisfun
Fri Jan 18, 2019 5:20 pm
Forum: Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 16
Views: 1001

Re: Fund suggestions for a taxable account with a ~15-year time horizon

After you look at that output you may have a feel for what is at issue in deciding an asset allocation for your purpose. Thanks for the link! I will certainly check it out in more detail. But leaving aside the exact asset allocation percentages momentarily, do you have any suggestions for funds tha...
by financeisfun
Fri Jan 18, 2019 5:16 pm
Forum: Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 16
Views: 1001

Re: Fund suggestions for a taxable account with a ~15-year time horizon

OP, 1) You could withdraw your retirement fund before 59 1/2 years old. https://www.madfientist.com/how-to-access-retirement-funds-early/ Thanks for the link! Unfortunately, it seems that I would have to know at least five years in advance if I needed the funds, so it's probably not the most ideal ...
by financeisfun
Fri Jan 18, 2019 5:06 pm
Forum: Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 16
Views: 1001

Re: Fund suggestions for a taxable account with a ~15-year time horizon

Vanguard LifeStrategy Growth Fund Unfortunately, the 80/20 AA is much too aggressive for me. That's why I suggested VTMFX (Vanguard Tax-Managed Balanced Fund Admiral Shares), which has a 50/50 AA, in the edit to my original post. Would that (or something similar/equivalent that is available through...
by financeisfun
Fri Jan 18, 2019 5:03 pm
Forum: Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 16
Views: 1001

Re: Fund suggestions for a taxable account with a ~15-year time horizon

This likely won't be a popular response, but if you liquidate it before you retire, and you stay continuously employed, the only thing you are doing is deferring the tax. You will eventually pay it now or later. I'm not sure I'm entirely following you here -- what exactly do you mean by this? What ...
by financeisfun
Fri Jan 18, 2019 4:19 pm
Forum: Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 16
Views: 1001

Re: Fund suggestions for a taxable account with a ~15-year time horizon

It all depends on what the purpose of the investment is. What is going to happen at the end of the fifteen years? I think it can be treated as a pre-retirement reserve fund that I would like to have grow in the meantime. If there is a "crash" that occurs after, say, 13-14 years, it should...
by financeisfun
Fri Jan 18, 2019 3:52 pm
Forum: Personal Investments
Topic: Fund suggestions for a taxable account with a ~15-year time horizon
Replies: 16
Views: 1001

Fund suggestions for a taxable account with a ~15-year time horizon

Hi all. I'm in my early 30s, and I have some money in a Fidelity taxable account that I'm looking to invest. The investment time horizon is ~15 years (give or take a few years), so it is quite a bit shorter than my retirement time horizon (30+ years). While my retirement accounts currently have an a...
by financeisfun
Sat Jan 05, 2019 11:28 pm
Forum: Personal Investments
Topic: Need advice on investing money received from older relative with a sooner-than-retirement time horizon
Replies: 9
Views: 677

Re: Need advice on investing money received from older relative with a sooner-than-retirement time horizon

Currently US Savings Bonds can only be purchased ($10K/year) inside of a Treasury Direct account and ($5K/year) as part of your federal income tax refund. They are not available through brokerage firms and may not be held in an IRA. I would recommend Series I over Series EE for your purposes. https...
by financeisfun
Sat Jan 05, 2019 11:26 pm
Forum: Personal Investments
Topic: Need advice on investing money received from older relative with a sooner-than-retirement time horizon
Replies: 9
Views: 677

Re: Need advice on investing money received from older relative with a sooner-than-retirement time horizon

So, they're gifting you this money, may need this money back someday, but don't want to be a burden on others? I can't say that really makes sense to me. But, it's up to your relative really. Maybe 50/50 if this is a gift, but may be needed by the relative someday? If you were to do the max the 401...
by financeisfun
Sat Jan 05, 2019 6:51 pm
Forum: Personal Investments
Topic: Need advice on investing money received from older relative with a sooner-than-retirement time horizon
Replies: 9
Views: 677

Re: Need advice on investing money received from older relative with a sooner-than-retirement time horizon

Tax managed and total stock index funds are very tax efficient especially if your earnings are low enough that you pay no taxes on qualified dividends and capital gains. You can purchase up to $10K of US Savings Bonds each year and defer paying taxes on the earnings for up to 30 years. The equity a...
by financeisfun
Sat Jan 05, 2019 6:47 pm
Forum: Personal Investments
Topic: Need advice on investing money received from older relative with a sooner-than-retirement time horizon
Replies: 9
Views: 677

Re: Need advice on investing money received from older relative with a sooner-than-retirement time horizon

I think most would need this part explained more to give good advice. What possible care is this relative looking at in the future and when? If this money could be needed for someone's care, I would say 70/30 is pretty aggressive. I'd probably switch that to 30/70 until the possible future care sit...
by financeisfun
Sat Jan 05, 2019 6:13 pm
Forum: Personal Investments
Topic: Need advice on investing money received from older relative with a sooner-than-retirement time horizon
Replies: 9
Views: 677

Need advice on investing money received from older relative with a sooner-than-retirement time horizon

Over the past couple years, an older family member (late 50s) has given me (early 30s) money each year that could be used, if necessary (that is, as a back-up), for their care in the future. Otherwise, the money can be considered as a gift. With this in mind, it seems sensible to invest the money wi...
by financeisfun
Sat Jun 03, 2017 3:19 pm
Forum: Personal Investments
Topic: Historical monthly/quarterly portfolio data in Charles Schwab?
Replies: 5
Views: 938

Re: Historical monthly/quarterly portfolio data in Charles Schwab?

I like Schwab's Risk Return chart. Returns on the left, standard deviations on the bottom. Your and several benchmark allocations are then plotted and you can get an idea of where you stand relative to alternatives both for risk and return. Does Fidelity and Vanguard have that? My account with CS i...
by financeisfun
Fri Jun 02, 2017 10:00 pm
Forum: Personal Investments
Topic: Historical monthly/quarterly portfolio data in Charles Schwab?
Replies: 5
Views: 938

Re: Historical monthly/quarterly portfolio data in Charles Schwab?

it is just dead history. Yeah, I get that. Chances are that I wouldn't look at it too often. But still, it seems strange that something that seems quite obvious to include (and is included by at least a few of its main brokerage competitors, Fidelity and Vanguard) is omitted from CS. Overall, from ...
by financeisfun
Fri Jun 02, 2017 6:57 pm
Forum: Personal Investments
Topic: Historical monthly/quarterly portfolio data in Charles Schwab?
Replies: 5
Views: 938

Historical monthly/quarterly portfolio data in Charles Schwab?

In Fidelity, in the "Performance" tab, there is a section called "What drove your change in balance?", which looks like this: https://s21.postimg.org/6hjvakvfb/Fidelity_Portfolio_Performance_Table.png It allows you to change the history frequency (between monthly, quarterly, and ...
by financeisfun
Thu Jun 01, 2017 10:54 pm
Forum: Investing - Theory, News & General
Topic: Fidelity's index fund manager: Geode Capital Management
Replies: 9
Views: 5878

Re: Fidelity's index fund manager: Geode Capital Management

Yes, it's true in general. It's part of the fundamental nature of mutual funds, required by the Investment Company Act of 1940. ("Investment company" here is a technical term. Mutual funds, ETFs, and closed-end funds are all kinds of investment companies). It's part of a number of regulat...
by financeisfun
Thu Jun 01, 2017 9:33 pm
Forum: Investing - Theory, News & General
Topic: Fidelity's index fund manager: Geode Capital Management
Replies: 9
Views: 5878

Re: Fidelity's index fund manager: Geode Capital Management

Neither the mutual fund managers nor the fund sponsor hold the assets anyway. It's a 3rd party that's the custodian. Is this true in general? Vanguard, Fidelity, and Charles Schwab don't hold the assets? I didn't know that. Is there one custodian for each company, or does it change fund-to-fund? Th...
by financeisfun
Thu Jun 01, 2017 5:41 pm
Forum: Investing - Theory, News & General
Topic: Fidelity's index fund manager: Geode Capital Management
Replies: 9
Views: 5878

Re: Fidelity's index fund manager: Geode Capital Management

I will say that some Geode managed index funds have not always tracked their benchmarks very well (for example, FSGDX - Fidelity Global Ex-US; and FSRVX - Fidelity Real Estate (REIT) Index). I own both and its always annoyed me. I've noticed that with both FSGDX and the year-old FTIPX. That is defi...
by financeisfun
Thu Jun 01, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: Fidelity's index fund manager: Geode Capital Management
Replies: 9
Views: 5878

Re: Fidelity's index fund manager: Geode Capital Management

If it doesn't, then I suspect Fidelity will be on the hook, seeing as how I gave my money to them (not to GCM). My only concern with that is that I wonder if there could ever be a Madoff-like feeder-fund sort of situation where Fidelity is not necessarily aware of what GCM is up to (not at all sayi...
by financeisfun
Thu Jun 01, 2017 1:23 pm
Forum: Investing - Theory, News & General
Topic: Fidelity's index fund manager: Geode Capital Management
Replies: 9
Views: 5878

Fidelity's index fund manager: Geode Capital Management

I just realized that Fidelity's index funds (e.g., FSTVX, FTIPX, FSGDX, etc.) are not managed by employees of Fidelity; rather, they are managed by a separate company, Geode Capital Management , which was created in 2001 under Fidelity but was spun out as a separate company in 2003. This makes me a ...
by financeisfun
Sun May 28, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

is there one that you would recommend starting with? I'm actually partial to Asset Management by Andrew Ang as a "one stop shop", though it is hard to me to gauge how approachable it really is for someone with little prior investing knowledge. He covers a massive amount of ground: differe...
by financeisfun
Sun May 28, 2017 12:51 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

Sounds like OP and I are similar types. I liked Bernstein's Intelligent Asset Allocator more than 4 Pillars. I liked seeing graphs and charts more than paragraphs. For the OP I might recommend Roger Gibson's Asset Allocation: Balancing Financial Risk as a next book. Maybe he can then help me around...
by financeisfun
Sun May 28, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

Cochrane has a text "Asset Pricing" that he uses for a graduate course of the same name. I don't know which edition is current. The nice thing about textbooks is they are available used. Half, eBay or Amazon will have a good selection of books cycled through several students over the year...
by financeisfun
Sat May 27, 2017 11:50 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

Out of curiosity, is The Intelligent Asset Allocator not a book I need to bother with if I am picking something from your list instead? It's been a very long time since I read it (like...17 years) so it is hard for to really say. In general, though, I think there's a benefit in more current books -...
by financeisfun
Sat May 27, 2017 11:43 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

Have you tried inter-library loan if you can't find it in your local library? Worldcat.org tells me there are more than a dozen copies of The Intelligent Asset Allocator in my state so I could probably get one through inter-library loan. Your librarian would likely help you if you don't want to do ...
by financeisfun
Sat May 27, 2017 11:41 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

You want rigorous, but comprehensive. I suggest you start where PhDs in financial economics start and that's with Merton. It is said that if you want to understand finance, first you must understand Merton. And here it is, all 551 pages of "Continuous Time Finance", by Robert Merton in fr...
by financeisfun
Sat May 27, 2017 11:13 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

If you're interested in asset allocation Modern Portfolio Theory is basically wrong, so I'm not sure there's a ton of value in deeply understanding Markowitz-style optimisation. The paper "Optimal Versus Naive Diversification: How Inefficient is the 1/N Portfolio Strategy?" contains every...
by financeisfun
Sat May 27, 2017 11:07 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

avalpert wrote: It looks like you can get the international edition for ~$20. I believe the only difference is it is soft cover.
Yes, that's a good idea! Haven't thought about international editions since my college days.
by financeisfun
Sat May 27, 2017 10:51 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

If you are really looking for rigor and a deep introduction then I'd recommend Investments by Bodie, kane and Marcus (I think the current edition is the 10th) - it is the standard textbook in all major MBA programs and is accessible to the mathematically and academically inclined. Thanks for the su...
by financeisfun
Sat May 27, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Re: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

Can you narrow down the topic a bit? It is a big field. Macro Economic Theory, Investment Theory, Asset Allocation, Fundamental analysis. Accounting. It is a big huge sticky mess and I will admit it is hard to know where to begin. Definitely Asset Allocation / (Modern) Portfolio Theory -- that's wh...
by financeisfun
Sat May 27, 2017 10:03 pm
Forum: Investing - Theory, News & General
Topic: Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?
Replies: 28
Views: 2410

Mathematically-rigorous, yet comprehensive (assuming little prior investing knowledge), books?

I know that there have been many discussions about which investing books and references to read, but most books seem to be categorized as either new-to-investing/little math or experienced investors/more math. I'm interested in reading some books that go through the fundamentals of investing and don...
by financeisfun
Thu May 25, 2017 5:49 pm
Forum: Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 3644

Re: Missed window for selling Fairholme Fund (FAIRX)?

deskjockey wrote:Glad to hear you'll be ditching FAIRX.
Yeah, I'm glad, as well. I'm just hoping that it doesn't continue to decrease as I'm waiting for everything to process. FAIRX is so volatile; it just jumped +3.3% today.
by financeisfun
Wed May 24, 2017 11:32 pm
Forum: Investing - Theory, News & General
Topic: Convenient listing of additions and removals of companies in international indices?
Replies: 7
Views: 996

Re: Convenient listing of additions and removals of companies in international indices?

S&P 500 Index Methodology https://us.spindices.com/documents/methodologies/methodology-sp-us-indices.pdf MSCI Index Methodology https://www.msci.com/index-methodology Thanks for the links; I'll have to read through them (or find abridged versions :happy) at some point. I've made some additions ...
by financeisfun
Wed May 24, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: Convenient listing of additions and removals of companies in international indices?
Replies: 7
Views: 996

Re: Convenient listing of additions and removals of companies in international indices?

Now you have all the (thousands of) companies along with their weight in that index. You could keep that in excel say at the beginning of each year and the next year, download the new version and do a diff. Because all these indices are passive and are market cap weighted (unlike the slightly activ...
by financeisfun
Wed May 24, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: Convenient listing of additions and removals of companies in international indices?
Replies: 7
Views: 996

Re: Convenient listing of additions and removals of companies in international indices?

I think https://www.msci.com/eqb/pressreleases/archive/MSCI_May17_QIRPR.pdf answers some questions: MSCI Global Standard Indexes: Fifty-seven securities will be added to and 28 securities will be deleted from the MSCI ACWI Index. MSCI Global Small Cap Indexes: There will be 311 additions to and 189 ...
by financeisfun
Wed May 24, 2017 10:22 am
Forum: Investing - Theory, News & General
Topic: Convenient listing of additions and removals of companies in international indices?
Replies: 7
Views: 996

Re: Convenient listing of additions and removals of companies in international indices?

I guess this is something that most people don't really care about (or there isn't any convenient listing!) :(
by financeisfun
Tue May 23, 2017 10:46 pm
Forum: Investing - Theory, News & General
Topic: Convenient listing of additions and removals of companies in international indices?
Replies: 7
Views: 996

Convenient listing of additions and removals of companies in international indices?

Wikipedia has a nice section that lists out additions to, and removals from, the S&P 500 . Is there a similar listing of additions and removals for international indices, such as MSCI EAFE, MSCI ACWI ex US, and MSCI ACWI ex US IMI? I found this page, which links to documents that list additions ...
by financeisfun
Tue May 23, 2017 10:12 pm
Forum: Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 3644

Re: Missed window for selling Fairholme Fund (FAIRX)?

Then give a big shrug, say, "Well, OK, then. Not by any means a total loss. Not a loss at all. I coulda done better, but I did well enough." And liquidate the fund, take a deep breath and decide what to invest in next. You're absolutely right. This is the mentality that I need to have. I ...
by financeisfun
Mon May 22, 2017 4:05 pm
Forum: Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 3644

Re: Missed window for selling Fairholme Fund (FAIRX)?

retiredjg wrote:You might find this Wiki page helpful.

https://www.bogleheads.org/wiki/Behavioral_pitfalls
Thanks for the link! Is there a similar resource for "seller's remorse"? Because I know I will check on the performance of FAIRX after having sold it!
by financeisfun
Mon May 22, 2017 3:54 pm
Forum: Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 3644

Re: Missed window for selling Fairholme Fund (FAIRX)?

Snowjob wrote: yes that is speculative, if we know its going to happen the value would already be reflected to a degree in the price of the security
Yeah, this is the part that I needed to realize. Thanks!
by financeisfun
Mon May 22, 2017 3:36 pm
Forum: Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 3644

Re: Missed window for selling Fairholme Fund (FAIRX)?

Or to be a little more analytical, what exactly is it that you think you know about the future of Fannie and Freddie that all of the MBA analysts on Wall Street with departments full of research staff do not know? Do you think they totally missed what Mnuchin has said and only you heard him? Do you...
by financeisfun
Mon May 22, 2017 3:27 pm
Forum: Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 3644

Re: Missed window for selling Fairholme Fund (FAIRX)?

I've been there done that. So, my suggestion is that you need to sell AND not look back. Without even knowing where you are in your life cycle, I am saying this - why? - if you're just (or recently within the past decade) starting out in your career, 50% of your retirement is not a major issue even...
by financeisfun
Mon May 22, 2017 3:09 pm
Forum: Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 3644

Re: Missed window for selling Fairholme Fund (FAIRX)?

aristotelian (above) is correct, you need to look at the current value of the holding and evaluate its value with the question: Would I buy it at today's price? If you would purchase it today at today's price, keep it. Otherwise sell it. You are in a classic behavioral (human) trap, anchoring to a ...