E*Trade Traditional IRA Liquidated

I finally got around to selling the contents of my E*Trade IRA today, in preparation for moving it to Vanguard. My holdings? Just two funds:

Janus Mercury (JAMRX) – Bought in 2001, back when I was young, foolish, and bought things that were trendy and had lots of Morningstar Stars. Sigh.
T. Rowe Price Mid-Cap Growth (RPMGX) – Bought when I was a bit smarter, but still more lucky than smart.

I’ve been meaning to close this account out for a while, but I was on a fence for a bit since I liked RPMGX a lot, and it is closed to new investors. But I must trust in my belief that no fund can beat the overall market in the long run, and RPMGX has an expense ratio of 0.87% – not astronomical, but not 0.20% either.

Trackbacks

  1. [...] interesting that E*Trade announced that it would cuts its fees and commissions just a month after I moved all of my accounts out of their brokerage. I guess I wasn’t the only one to do so. Capitalism in action! $19.99 per [...]

Speak Your Mind

*