Thanks to advice I received here and other places, I've recently changed my portfolio. I still have questions but mainly wanted everyone to take a look at my current direction and let me know what y'all think.
Old thread: viewtopic.php?f=1&t=106769
Emergency funds: more than enough, see below
Tax Filing Status: single, one
Tax Rate: Federal: 25% / State: none
State of Residence: Texas
Desired Asset allocation: Currently 75/25
Desired International allocation: Currently 25% of equities
Income: $77,000 base + $9000 car allowance + $13,000 bonus potential
Other: Single, renter, no dependents, good medical healthCurrent contributions:
$192.30 / week Series-I savings bonds (will hit cap)
$336.54 / week 401k (23%; will hit cap)Cash savings:
Total Assets: $18102.94
Physical silver: 158oz, $5248.76
Total Assets = $154,383.29 Traditional IRA total = $96,509.99
VTSAX US Total Market - $67,757.85 (57% of equities, 44% of portfolio)
VTIAX International Total Market - $28,748.14 (25% of equities, 19% of portfolio)Roth IRA Total = $37,877.30
VBTLX Total Bond Market - $37,877.30 (100% of bonds, 25% of portfolio)Individual Total = $20,000.00
VTSAX US Total Market - $10,000.00 (9% of equities, 6% of portfolio)
VTIAX International Total Market - $10,000.00 (9% of equities, 6% of portfolio)
Series-I savings bonds = $492.xx (not included in calculations above)
Hopefully this is all easy enough to read. A few notes:
I have included the full 2013 Roth IRA contribution in the above numbers as it will be contributed 100% into VBTLX on January 1st.
I did not include my current I-bond holdings into the figures.
A few questions:
1. My 401k plan allows in-service rollovers, but does not allow post-tax contributions after hitting the yearly maximum. Can anyone suggest reasons why I shouldn't roll my balance into my tIRA yearly to take advantage of better AA and ER's?
2. Is it worth intentionally over-paying taxes towards the end of the year in order to purchase more I-bonds with my tax refund? As I claim single & 1, I typically get a refund of around $800.
3. I currently spend 50% of my time traveling for work, and 50% working from home. My company provided the IT items I use daily. Is it worth my time trying to determine expenses and use them on my tax return? (apt. rent, electricity)
4. Below are my options for the company-sponsored 401k plan. Should I contribute to the Explorer AND 500 Index funds? I do not feel the need to add bonds in my 401k because as I make my weekly purchase of I-bonds, I will slowly become bond-heavy against my desired AA.
GSXAX (1.65%) Aberdeen Small Cap Fund (A)
BEQAX (0.95%) American Century Equity Growth Fund (A)
RAFCX (1.05%) American Funds AMCAP Fund (R3)
RERCX (1.13%) American Funds EuroPacific Growth Fund (R3)
GSMSX (1.26%) Goldman Sachs Mid Cap Value Fund (Svc)
ACSRX (1.09%) Invesco Van Kampen Cornstock Fund (R)
OIEIX (1.22%) JPMorgan Equity Income Fund (A)
MCVRX (1.51%) MFS Mid Cap Value Fund (R2)
TRSAX (0.93%) T. Rowe Price Growth Stock Fund (Adv)
TEMFX (1.19%) Templeton Foreign Fund (A)
FOGRX (1.31%) Tributary Growth Opportunities Fund (I)
VFINX (0.17%) Vanguard 500 Index Fund (Inv)
VEXPX (0.49%) Vanguard Explorer Fund (Inv)
WEHIX (1.28%) Weitz Hickory Fund
AIAVX (0.73%) Am. Century Inflation-Adj. Bond Fund (A)
GSCSX (0.97%) Goldman Sachs Core Fixed Income Fund (Svc)
PTTAX (0.85%) PIMCO Total Return Fund (A)
VBMFX (0.19%) Vanguard Total Bond Market Index Fund (Inv)
no ticker (0.50%) ABN AMRO Income Plus Fund (A)
Again, thanks for the help, everyone. I've definitely learned a lot in my short time here, and hope to continue the education.