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 Post subject: Should I consolidate some of my funds??
PostPosted: Wed Feb 27, 2013 7:15 am 

Joined: Wed Feb 27, 2013 6:57 am
Posts: 3
Should I reduce the number of funds I have….am I spread too thin…..

Teacher in Missouri…currently pay 14 percent into teacher retirement….after thirty years I should receive 65% of my top three salaries averaged together…..

403B with about 17000 currently in it….spread between….Vanguard Total Bond Index…..Fidelity International Discovery….Fidelty Spartan 500 Index….Vanguard Small Cap Growth Index….

JNJ…100 shares….

Dabble on occasion with Scottrade

TRowePrice Account….9000 Media and Telecommunications Fund….6500 New Asia Fund….3800 Latin America Fund…3600 Global Stock Fund….4000 Extended Equity Market Index…..2000 in Roth IRA Retire 2040 (just got into this one and am trying to beef it up)

Have a house….$840 a month owe about 128,000…appraised at around 150,000

My question is….should I consolidate my TRowe Price accounts?? Am I spreading myself too thin? I put about 100 dollars apiece in each fund monthly. Would I be better served to get rid of three of them and focus on three and really throw money at them??


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 Post subject: Re: Should I consolidate some of my funds??
PostPosted: Wed Feb 27, 2013 8:46 am 

Joined: Fri May 04, 2007 8:14 pm
Posts: 1977
I think you need to ask yourself why you bought into each of those funds. If those reasons are still valid, then why would you consider consolidating?

Personally, I'd consolidate. You can get a lot more diversity in a lot fewer funds than you have there.


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 Post subject: Re: Should I consolidate some of my funds??
PostPosted: Mon Mar 04, 2013 10:52 am 

Joined: Mon Mar 04, 2013 10:13 am
Posts: 8
I agree, I'd consolidate some of your funds. If your just looking for diversification, you can get that through broad index funds. You could just do the total global market fund if you like their diversification percentage, or split it into just a few different ETF's, e.g large cap, small cap, internation, bond with the exact percentages you like.


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