11-21-2018, 06:59 PM
Wondering what people have done.
1) I opened up a Fidelity Charitable Giving Fund, and donated highly appreciated mutual fund shares that also had a high expense ratio (GABAX), as I was also looking to reduce my investment in this high expense ratio fund.
2) I switched my cost-basis tracking in mutual funds from "average cost per share" to "actual cost-basis", so i can sell or donate more specific lots
3) I'm thinking of selling mutual fund shares (GABAX again) that currently are at a loss and pair it with shares at a gain, so I can reduce my overall position in this high expense ratio position. I would then invest in an index fund that tracks the larger market (S&P 500 or extended market) with a much lower expense ratio.
4) i have also maxed out my 401K to the federal limit ($54K) plus the $6K catch-up provision
5) also contribute to an HSA
Just wondering what other people have done. I would value your ideas or comments
1) I opened up a Fidelity Charitable Giving Fund, and donated highly appreciated mutual fund shares that also had a high expense ratio (GABAX), as I was also looking to reduce my investment in this high expense ratio fund.
2) I switched my cost-basis tracking in mutual funds from "average cost per share" to "actual cost-basis", so i can sell or donate more specific lots
3) I'm thinking of selling mutual fund shares (GABAX again) that currently are at a loss and pair it with shares at a gain, so I can reduce my overall position in this high expense ratio position. I would then invest in an index fund that tracks the larger market (S&P 500 or extended market) with a much lower expense ratio.
4) i have also maxed out my 401K to the federal limit ($54K) plus the $6K catch-up provision
5) also contribute to an HSA
Just wondering what other people have done. I would value your ideas or comments