Portfolio Review
Posted: Thu Jan 31, 2013 10:30 am
Portfolio Review
I have followed the forum periodically for about 7 years but this is my first post. I have tried to follow the investing strategies posted on this forum and in the Bogleheads Guide to Investing book. I appreciate in advance any comments and advice. I am recently divorced and interested in getting myself on the right track for retirement.
Key Points:
1. Total Portfolio and overall Net Worth is in the low 6 figures.
2. I am interested in possibly adding a REIT fund for more diversification. My 401k offers the Invesco Real Estate fund (can't find ticker symbol) which has returned 12% over last 10 years. It has a 1.3% expense ratio.
3. I don't mind doing some rebalancing each year if the recommendation is to exit the target date fund and move into a few other Vanguard index funds. Is is worth the extra possible return if I am willing to do the rebalancing?
Emergency funds: 9 months of expenses.
Debt: no credit card or loan debt, renting a condo for $1150/mo, $1450 alimony/child support for 8 more years
Tax Filing Status: Single
Tax Rate: 25% Federal, 7% State
State of Residence:SC
Age:46 , one child
Desired Asset allocation: 60% stocks / 40% bonds
Current assets:
10K in I-Bonds
40K in 4 yr CD
70K cash in savings (will use some for house down payment within 1 year)
6K in Scottrade taxable account - "play money"
Roth IRA at Vanguard
100% Vanguard Target Retirement 2030 (VTHRX) (0.17%)
Rollover 401k at Vanguard
100% Vanguard Target Retirement 2030 (VTHRX) (0.17%)
401k-Hartford Retirement Services (just purchased by Mass Mutual)
100% SSgA Dow Jones Target 2035 Sec Lend (can't find ticker symbol- SSgA is State Street Global Advsors) (overall expenses 0.45%)
consists of:
Dow Jones Equity CMAC 79%
Barclays Capital Bond CGI 17%
Short Term Investment 4%
Roth 401k plan
100% SSgA Target Retirement 2030 SL Series II (0.17% expense ratio)
New annual Contributions
I contribute the full 401k contribution up to company match, which is 7% of salary
$5,500 to Vanguard Roth IRA
$1200 to company Roth 401k
Available funds in 401k (name-ticker-expense ratio)
Invesco Real Estate - REINX - 1.3%
American Funds EuroPacific Growth - REREX - 0.55%
Baron Small Cap - BSFIX - 1.31%
Munder MidCap Core Growth - MGOAX - 1.07%
Pyxis Premier Growth Equity - HPEAX - 1.11%
Hartford Dividend & Growth IHGIX - 0.67%
SSgA S&P 500 Index - SVSPX - 0.03%
Victory Diversified Stock - VDSCX - 1.11%
Oakmark Equity & Income - OAKBX - 0.77%
Pimco Real return - PRRIX - 0.7%
Pimco Total Return - PTTRX - 0.85%
there are 5 different SSgA target date funds: target 2015, 2025, 2035, 2045, and Today - I can't locate the tickers - all have 0.45% expense ratio
Thank you in advance for your feedback!
I have followed the forum periodically for about 7 years but this is my first post. I have tried to follow the investing strategies posted on this forum and in the Bogleheads Guide to Investing book. I appreciate in advance any comments and advice. I am recently divorced and interested in getting myself on the right track for retirement.
Key Points:
1. Total Portfolio and overall Net Worth is in the low 6 figures.
2. I am interested in possibly adding a REIT fund for more diversification. My 401k offers the Invesco Real Estate fund (can't find ticker symbol) which has returned 12% over last 10 years. It has a 1.3% expense ratio.
3. I don't mind doing some rebalancing each year if the recommendation is to exit the target date fund and move into a few other Vanguard index funds. Is is worth the extra possible return if I am willing to do the rebalancing?
Emergency funds: 9 months of expenses.
Debt: no credit card or loan debt, renting a condo for $1150/mo, $1450 alimony/child support for 8 more years
Tax Filing Status: Single
Tax Rate: 25% Federal, 7% State
State of Residence:SC
Age:46 , one child
Desired Asset allocation: 60% stocks / 40% bonds
Current assets:
10K in I-Bonds
40K in 4 yr CD
70K cash in savings (will use some for house down payment within 1 year)
6K in Scottrade taxable account - "play money"
Roth IRA at Vanguard
100% Vanguard Target Retirement 2030 (VTHRX) (0.17%)
Rollover 401k at Vanguard
100% Vanguard Target Retirement 2030 (VTHRX) (0.17%)
401k-Hartford Retirement Services (just purchased by Mass Mutual)
100% SSgA Dow Jones Target 2035 Sec Lend (can't find ticker symbol- SSgA is State Street Global Advsors) (overall expenses 0.45%)
consists of:
Dow Jones Equity CMAC 79%
Barclays Capital Bond CGI 17%
Short Term Investment 4%
Roth 401k plan
100% SSgA Target Retirement 2030 SL Series II (0.17% expense ratio)
New annual Contributions
I contribute the full 401k contribution up to company match, which is 7% of salary
$5,500 to Vanguard Roth IRA
$1200 to company Roth 401k
Available funds in 401k (name-ticker-expense ratio)
Invesco Real Estate - REINX - 1.3%
American Funds EuroPacific Growth - REREX - 0.55%
Baron Small Cap - BSFIX - 1.31%
Munder MidCap Core Growth - MGOAX - 1.07%
Pyxis Premier Growth Equity - HPEAX - 1.11%
Hartford Dividend & Growth IHGIX - 0.67%
SSgA S&P 500 Index - SVSPX - 0.03%
Victory Diversified Stock - VDSCX - 1.11%
Oakmark Equity & Income - OAKBX - 0.77%
Pimco Real return - PRRIX - 0.7%
Pimco Total Return - PTTRX - 0.85%
there are 5 different SSgA target date funds: target 2015, 2025, 2035, 2045, and Today - I can't locate the tickers - all have 0.45% expense ratio
Thank you in advance for your feedback!