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  • Avatarvmickel
    Participant
    Post count: 23

    My husband wants to buy FXAIX mutual fund. Do you buy mutual funds in tranches like our stock purchases?

    Sean HymanSean Hyman
    Moderator
    Post count: 2890

    Why would he buy the index at one its most expensive times in US history? Just curious.

    Yes, you’d do mutual funds in tranches too. But it’s nowhere near time to start doing that yet.

    Avatarvmickel
    Participant
    Post count: 23

    He closed a managed account @TD per my suggestion and because he currently has $$ in that FXIAX index fund through his former work he figured he’d put the $$ in the index fund. I didn’t like the TD managed account because it cost about 200.00 per quarter and we didn’t have any control. The account pretty much stays the same and I assume that the funds are examined only at set periods per some set metrics based on keeping the $$safe …obviously not individually managed. There would sometimes be multiple gains of 17-25% on an individual funds but they would never be sold for those gains (I assume) because it just wasn’t time to rebalance the funds. Now, I’m trying my best to make a good decision as to where that chunk of money should go.

    Sean HymanSean Hyman
    Moderator
    Post count: 2890

    Money market, SLV, high dividend yielding value stocks.

    FusionDudeFusionDude
    Participant
    Post count: 156

    FXAIX is one of the options in my 401(k). When the market sells off to Sean’s recommended levels, I’ll start investing in it, but for now I’m 100% cash.

    By the way, I made 19% in FXAIX in just under 3 weeks back in March. But since that’s a whole year’s worth of return, I’m happy to be sitting back in cash right now.

    Sean HymanSean Hyman
    Keymaster
    Post count: 4510

    Awesome, FusionDude.

    Yes, vmickel check out my latest weekly video for more thoughts on how far the market may correct and how you might allocate tranches into that.

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