So I just really got into investing back in October, and I had an IRA but it was in some mutual funds through an FA, and I now manage it myself. Since it's an IRA, I focused on dividend blue chips with a small bond allocation. Well those dividend blue chips are sucking bad. I'm not really sweating it since we're a ways from retirement, but I'm wondering if I should trim some of them and put the money into a more growth orientated ETF/MF? I'm "only" at a $600 total loss on the ones I'd drop (I have other holdings, these are just the ones that would be simplest to drop):
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Abbvie ($ABBV)
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BP ($BP)
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Medtronic ($MDT)
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Shell ($RDS.B)
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UPS ($UPS)
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Wal-Mart ($WMT)
I was thinking something like VOOG or a mid cap ETF. Would appreciate some thoughts on whether it'd be good to drop some losing "value" names for some growth aspects. Or should I just put a "growth" ETF/MF in my brokerage and just hold it until next year's IRA contribution and use the funds to "transfer" it to my IRA? Thanks for any input.
Submitted March 27, 2018 at 11:12AM by andthenisawtheblood https://ift.tt/2pL0bCm
