Hello,
I have an international fund that has a high expense ratio of 1.02 that I want to sell and move the same amount of money to another international fund that has a lower expense ratio of 0.25 and a slightly better 10-year average return.
Is it best to do this in 1 lump sum or use Dollar cost averaging?
Right now I'm thinking to sell in 1 lump sum and buy the new fund in 1 lump sum. I'd only be out of the market for about a week. Would that be the best way to move funds like this? Do you have any other suggestions?
Thank you for any advice.
I have an international fund that has a high expense ratio of 1.02 that I want to sell and move the same amount of money to another international fund that has a lower expense ratio of 0.25 and a slightly better 10-year average return.
Is it best to do this in 1 lump sum or use Dollar cost averaging?
Right now I'm thinking to sell in 1 lump sum and buy the new fund in 1 lump sum. I'd only be out of the market for about a week. Would that be the best way to move funds like this? Do you have any other suggestions?
Thank you for any advice.
Statistics: Posted by MtnClimber — Wed Dec 27, 2023 11:50 am — Replies 9 — Views 139