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.
By Jonathan Ping | Retirement | 1/11/05, 8:23pm