Comments on: Saturday Money Q: Should I liquidate my mutual funds and start from scratch?

By: Kristi

Kristi — Thu, 16 Apr 2009 06:19:04 +0000

Thanks for featuring my question – and for the helpful comments.

Will check out technitrader!

By: Lowell Ann Fuglsang

Lowell Ann Fuglsang — Tue, 31 Mar 2009 02:31:58 +0000

I agree that now is not the time to sell. If you would like to learn about trading /investing yourself I recommend Technitrader (http://www.technitrader.com/). I’m really enjoying their programs.

By: brad

brad — Sun, 29 Mar 2009 15:04:55 +0000

I would keep those mutual funds and wait for the market to recover before switching them over to your couch potato portfolio…the worst time to sell is when the market is down, as you’ll lock in your losses. And I would start afresh with your ING savings to build your couch potato portfolio. I wouldn’t invest in ING’s Streetwise funds — even though they’re index funds, the 1% MER is really high for an index fund. You can do much better with TD’s e-Series index funds. I wouldn’t bother with ETFs unless you’ve got a lot of money. There’s a point at which ETFs make more sense than funds, and that’s when your transaction fees for buying/selling ETFs work out to be lower than a mutual fund’s MER. Given that the TD eSeries MERs are so low, you’d need quite a bit of money in your portfolio before ETFs work out to be cheaper in terms of fees.

By: Wooly Woman

Wooly Woman — Sun, 29 Mar 2009 02:59:38 +0000

I bought ING mutual funds for my RRSP because they are investing in index funds... couch potato for lazy people like me, with 1% MER... One day I hope to be be more proactive and in charge, but I decided to take small steps. Wooly Woman’s last blog post..Shhhhhhhh, the baby is sleeping!