I Have seen various questions on this in the past I was just wondering if someone could help me out. I have some money in American Funds that I opened before finding MMM.
American funds -Me
Non retirement account:
Expense ratio Current value
Capital world growth and income fund - .77% $308.91
Fundamental investors - .61% $1,325.82
The growth fund of America- .66% $1,739.75
Retirement account
Fundamental investors- .61% $25,373.80
The growth fund of America- .66% $20,464.07
American funds Wife-
Roth IRA
Fundamental investors- .61% $1,077.85
The growth fund of America- .66%. $1,068.30
Vanguard -me
Roth IRA
VFINX- .17% $5,706.89
Rollover Ira
VTSAX- .05% $24,608.52
Vanguard - wife
Roth Ira -
Target retirement 2060- .18% $1,623.17
I guess my main question is what should we do with our American funds? The expense ratios are obviously higher in American funds. What would be the tax implications of moving the money? If we were to move all of it into Vanguard where would you recommend us putting it?
