Hey Everyone, I currently own some stocks I have done well on, which I am considering selling and funding my IRA for 2011 (just opened it). I currently own XOM (up 45%), PFE (up 40%), GE (-3%), and NLY (-3%). More then anything everything I currently own is paying dividends, so I figure it would be smarter to move things into a Roth, even after transaction fees and taxes. Is this smart/ best move
My 401k is currently 95% stocks and I continue to fund it even though the options are dismal at best (IMO). So I was considering putting money into my Roth in some sort of bond or treasury fund, I'm guessing that some sort of correction in the market will come, and since the bulk of my 401k is in stocks it would be wise.
Sorry for the long post, but any suggestions for bonds or treasury funds? I already opened an account with Fidelity. I would also consider healthcare related, energy, and or consumer staple funds. Like I said I'm a bit hesitant to jump into any of these sectors at the present time as they are at high levels. I'm also very aware of dollar cost averaging
Thanks