Course 504: When to Sell a Fund
Your Goals Change
In this course
1 Introduction
2 The Fund Loses More than It Should
3 The Fund Gains More than It Should
4 The Fund Changes Its Strategy
5 The Fund Underperforms for a Long Period
6 Your Goals Change
7 You Just Can't Take It Anymore

You don't invest to win some imaginary race, but to meet your financial goals. As your goals change, your funds should change as well.

Suppose you start investing in a balanced fund with the goal of buying a house within the next five years. If you get married and your spouse already owns a house, you may decide to use that money for retirement instead. In that case, you might ditch the balanced fund for a pure stock fund. Your goal and the time until you draw on your investment have changed.

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