My assets are moving — is this a bad time?
As I’ve talked about before, I am transferring my Roth IRA from Wachovia to Vanguard. I initiated this transfer before the stock market hoopla in the past week, and now I wonder… did I make an idiotic decision?
On the one hand, maybe I’ll be able to buy a few more shares of the Target Retirement fund I picked (I haven’t checked on the fund’s movement in the past week at all so I honestly don’t know if it has gone down any). On the other hand, maybe my portfolio is worth a lot less than it was when I originally applied for the transfer. Ugh.
My old portfolio was on the conservative side so I am hoping that it didn’t suffer *too* badly. Add that to the list of things I should probably check up on in the coming days… just to know.
I thought money was fun. ![]()
~J
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