Author Topic: Help cleaning up my mess I made  (Read 1569 times)

dalekeener

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Help cleaning up my mess I made
« on: November 25, 2015, 02:59:04 PM »
Looking for some sound advice as I have realized a mess has been made.  Below is my portfolio in a taxable account.  I would love some advice on better positioning this portfolio moving forward into 2016.  This would be the bulk of my total invest-able assets at this time.

SYM - shares - value
T - 15 shares  - $502
PG - 30 shares - $2,304
O - 15 shares - $742
SO - 15 shares - $666
WMT - 25 shares - $1,514
XEL - 25 shares - $885
SCHH - 15 shares - $391
GLTR - 5 shares- $264
RYE - 40 shares - $2189
RGI - 10 shares - 863
SCHZ - 20 shares - $1036
SCHD - 25 shares $984
TLO - 15 shares $1,053
HYMB - 10 shares $565

CD maturing 11/30 $1000
cash $5,500

I know, a mess, I guess at the time some seemed like a good idea.  I realize I need to square this away. I know their are a lot of smart people on this forum and any help would be appreciated.

Thanks,
Dale

Heckler

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Re: Help cleaning up my mess I made
« Reply #1 on: November 25, 2015, 03:21:33 PM »

lhamo

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Re: Help cleaning up my mess I made
« Reply #2 on: November 25, 2015, 03:48:24 PM »

Tjat

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Re: Help cleaning up my mess I made
« Reply #3 on: November 25, 2015, 04:02:10 PM »
At some point, you'll likely come to the conclusion that you need to sell and turn most if not all of your portfolio to index funds. The going motto here is for Vanguard funds due to the industry leading low expenses. If that point occurs before the end of the year, you can strategize about whether or not to sell each stock before or after the end the year to optimize taxes