A couple of years ago I was playing around with the idea of investing, and I applied the idea of 4 asset classes: stocks, bonds, gold, cash. If one crashes, one ought to be safe. The idea worked like a charm in that I am now indeed left with one asset class that crashed: gold. Since then, we have gone all in for index funds with a buy and hold strategy. So what do we do with these two old funds?
The total money we have invested in them is $750, they are currently valued at a lovely $250, and we can sell them without any costs involved. If we decide to keep them, there are no costs involved either (apart from the 2% yearly fund cost, ouch). They are typical funds - not ETFs - so we can can only sell them at market value rather than use an external limit order that we can set and forget.
Do we keep them, to avoid following the trend of buying high and selling low?
Or do we sell them, put them in the index fund, and start making some actual money?