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Does Bank of America do a Mega Back door 401K?
What does this mean? Should I not sell?
Pro
I have a 3 fund portfolio and I'm down 21%.
Really depends what 3 funds and how they are split doesn’t it?
Watch out for wash sale
Can you share how old you are/YoE? Nice savings!
That's pretty much in like with the market. The bigger question would be how has it performed all time and what fees are you paying this advisor.
That's a smart move
I agree with your thought process. As your wealth grows, I would employ a CFP on a fee basis to help you with your overall financial plan. After a 30 year consulting career, I am becoming a CFP to do just that. There is no need today to pay a Financial Advisor an ongoing 1-2% of your portfolio to manage your investments.