How do I get started following your recommendations? Should I sell my current investments and immediately adopt your portfolios?

I’m rarely in favor of wholesale changes in a portfolio. Take the time to look at how your portfolio is structured now and how you think it ideally should be structured. Decide which of my recommended portfolios is for you and see how close your current asset allocation is to my recommendations. If your allocation is significantly out of balance, begin by selling your worst-performing assets in each category and dump any below-average mutual funds you’ve been holding. If you are going to sell something for a capital gain, look for losing assets you can sell so that the losses will offset the gains and reduce taxes. If something has done well for you but is not on my recommended list, hold it until it starts to falter. Then consider selling. When you sell an investment, replace it with my recommended investments. Over time your portfolio will resemble my recommended portfolios and you’ll be on your way to earning above-average profits with safety, simplicity, and a margin of safety. I recommend taking about six months to get your portfolio resembling one of my model portfolios.