Author Topic: To exchange vanguard funds or not...  (Read 436 times)

wellnessmobile

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To exchange vanguard funds or not...
« on: April 08, 2020, 10:09:08 AM »
Hmm, COVID times are strange.

Thoughts on below:

VFFVX: current info

total invested - $30,704.82
market value - $28,732.54
short term loss: (-) 269.47
long term loss: (-) 1,702.82
expense ratio .15%

**I was thinking about exchange this entire fund to add to my VTSAX. Sensible?

VTSAX = $36,700 current balance

My average cost per share of VTSAX is 73.33 and the current market is around 64.

Would I actually be losing the (-) $1,972  from VFFVX or be winning in the long term due to decreasing my cost per share in VTSAX and reducing the expense ratio?





MDM

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Re: To exchange vanguard funds or not...
« Reply #1 on: April 08, 2020, 10:39:06 AM »
1) What is your desired asset allocation, and how would this exchange affect it?
2) Are you familiar with tax loss harvesting?

wellnessmobile

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Re: To exchange vanguard funds or not...
« Reply #2 on: April 08, 2020, 12:43:27 PM »
1) What is your desired asset allocation, and how would this exchange affect it?
2) Are you familiar with tax loss harvesting?
Asset allocation is around 95% stock / 5% bonds. It would be similar and not much of a concern of mine. I'll be leaving my money in for quite awhile.

Yes, I am familiar (no expert) with tax loss harvesting and will be doing it for the first time during next tax season.

MDM

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Re: To exchange vanguard funds or not...
« Reply #3 on: April 08, 2020, 12:48:31 PM »
1) What is your desired asset allocation, and how would this exchange affect it?
2) Are you familiar with tax loss harvesting?
Asset allocation is around 95% stock / 5% bonds. It would be similar and not much of a concern of mine. I'll be leaving my money in for quite awhile.

Yes, I am familiar (no expert) with tax loss harvesting and will be doing it for the first time during next tax season.
Appears you have answered your own question - well done and good luck!

wellnessmobile

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Re: To exchange vanguard funds or not...
« Reply #4 on: April 08, 2020, 10:19:11 PM »
1) What is your desired asset allocation, and how would this exchange affect it?
2) Are you familiar with tax loss harvesting?
Asset allocation is around 95% stock / 5% bonds. It would be similar and not much of a concern of mine. I'll be leaving my money in for quite awhile.

Yes, I am familiar (no expert) with tax loss harvesting and will be doing it for the first time during next tax season.
Appears you have answered your own question - well done and good luck!
Wisdom at its finest. Thanks!