I've been reading a lot on this forum, and have successfully finished the two Bogleheads books as well. Its fascinating how much is involved in smart investing. I am a believer in Index Investing now. However, I am in a very difficult situation and I really need help with designing my portfolio for retirement.
Very briefly, I am a physician, very early in my career, with about $100,000 in various retirement accounts. Here is my dilemma. I cannot invest in companies involved in certain activities. These include the following: banks and financial institutions, gambling, alcohol, pornography, interest bearing loans. As you can see, that limits me tremendously in terms of which Index funds or ETFs I can put my money in. As a matter of fact, it eliminates all of the major indices. Also, cannot invest in Bonds as they are interest bearing by the very nature of the investment.
A couple of funds that I am exploring very carefully are AMANX and AMAGX which follow these rules very closely. Another bond fund is WISEX (which is not available on Vanguard for some reason), which would be acceptable based on their investment policies and methodology.
Here is what I had in mind. I could possibly invest in the sector specific ETFs or funds that are available on Vanguard. Is this something that is doable? Will this bring me close enough to the diversity that I could get with the more general index funds? What about international sector specific funds/ETFs? I did notice the International REIT funds/ETFs available... but that is it.
Any help would be greatly appreciated. Consider this is a 80/20 portfolio. Otherwise, I am completely open to asset classes. I also understand that my return will not be close to the S&P 500 or other indices. Thanks in advance for all your help!