(02-12-2019, 12:46 PM)DividendGarden Wrote:(02-12-2019, 12:24 PM)fenders53 Wrote: Very sound advice from Otter IMO. A method that forces you to buy at fair value or less is good, and accept the fact some will likely never become attractive short of a very severe market. It's OK to invest in a few dozen quality stocks and move assets to others over time as they enter the buy range. At this stage of my life commissions are $2 and mutual fund expenses on most of my Vanguard offerings are .04% annually so it is practically a rounding error vs individual stocks unless your stock trades are absolutely free.
Thanks, mate. And same on the commissions, they're really a non-issue and I've got no problem paying a ton of them over the next few months as I execute this. Over the next thirty years, there would be zero commissions!
Depending upon how you handle the rollover, you can probably get a set number of free trades for X number of days/months after the rollover.
Also, if you are fortunate enough to have more than the SIPC insured limit of $500K, consider splitting amongst various brokerages. The supplemental insurance that they carry in excess of the $500K SIPC limits typically is not enough to cover all of their clients for 100 cents on the dollar if the brokerage has a total meltdown.