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re: Transferring money from one ROTH to another
Posted on 11/16/14 at 4:54 pm to foshizzle
Posted on 11/16/14 at 4:54 pm to foshizzle
When I said transfering money from one account to another I mean take the money that I currently have in VFINX and transfer it over to a VGSLX. I'm sure there's a name for it, but I dont know what it is.
I'm not looking for advice on which fund will do better, just if it's a smart strategy to move money from one fund to another or is it better to leave the money in one fund.
I'm not looking for advice on which fund will do better, just if it's a smart strategy to move money from one fund to another or is it better to leave the money in one fund.
Posted on 11/16/14 at 4:57 pm to CHiPs25
That's just changing funds a lot simpler
Posted on 11/17/14 at 8:53 am to CHiPs25
quote:
I'm not looking for advice on which fund will do better
Well that's the basis for moving it right? Why else would you do so?
quote:
just if it's a smart strategy to move money from one fund to another or is it better to leave the money in one fund.
If the fund you switch to does better than the other fund, it's a smart strategy. If it doesn't, it's a bad strategy.
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