Home > Investment Clean Up

Investment Clean Up

July 2nd, 2012 at 10:52 pm

Today is investment clean up day. Lots of portfolio adjustments.

In addition - I am consolidating down to:

--Dh has one ROTH
--I have one Regular IRA
--I have two ROTHs - one for mutual funds and one for cash and stocks (brokerage)

{We might have had 7 accounts or something at some point - don't ask me why!}

Of course, I still want to convert the regular IRA to a ROTH, so there is more consolidating in my future.

On the investment cleanup, I really thought that I was going more away from "Target Date" type funds, now that we have passed the six figure mark and can really start to diversify.

Funny thing? I am leaning more towards "less is more/simpler is better." SO I am cleaning things up but am ending up mostly with one mutual fund per account.

I don't know why I have been so resistant to simple index investing. At the end of the day it fits my personality and life strategy better. Keep it simple; don't over-think.

I have been picking a lot of smarter brains (smarter/older/more wise than me), and this is where I have ended up.


Not much else to report. Haven't been spending *any* money and payday comes tomorrow with most of it going into savings.

Oh, and my kids turn 7 & 9 in the next couple of the weeks. How the heck did THAT happen? I swear I will blink and they will be adults.

3 Responses to “Investment Clean Up”

  1. Swimgirl Says:

    Yes, you WILL blink and they'll be adults. It happened to me!

  2. FrugalTexan75 Says:

    I opened a Traditional IRA today, and set the process in place for rolling over my 401K. So I'm not really adding or deleting, just changing over. Smile I opened it as a brokerage/mutal fund account so that I can buy some more of one particular stock within the IRA (unlike the stock I bought *outside* the IRA.)

  3. rob62521 Says:

    Maybe you had so many different accounts because you got a great offer and tried to diversify. At least you have the money in accounts and are investing!!!!!

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