Could you review my portfolio?
Could you review my portfolio?
Thank you.
Emergency funds = 3 months of expenses
Debt: none
Tax Filing Status: Married filing Jointly
Tax Rate: 35% Federal 3% State State of Residence
Age: 68, 62
Desired Asset allocation: 50/50
Intl allocation: 30% of stocks
Currently, we own;
Fixed Income
10% in 403b - fixed annuities (9%) short term bonds (1%)
10% in Roth - Vanguard intemediate term ivestment grade bonds (VFICX)
25% in taxable account - tax exempt intermediate term bonds (20%), inflation protected bonds VIPSX (5%)
5% cash
12% foreign stocks - 3% Lazard Emerging (LZEMX), 9% Fidelity Spartan Foreign Index (FSIIX)
25% Large Cap - Vangurad Growth Index VIGRX (2%), S&P 500 (5%), Vanguard Total Stock Index (16%), other managed funds (7%)
6% Mid Cap
3% Small Cap
3% REITs
2% Commodities
Questions
1. How could I improve the portfolio?
2. Shall I keep REITs and Commodities?
Emergency funds = 3 months of expenses
Debt: none
Tax Filing Status: Married filing Jointly
Tax Rate: 35% Federal 3% State State of Residence
Age: 68, 62
Desired Asset allocation: 50/50
Intl allocation: 30% of stocks
Currently, we own;
Fixed Income
10% in 403b - fixed annuities (9%) short term bonds (1%)
10% in Roth - Vanguard intemediate term ivestment grade bonds (VFICX)
25% in taxable account - tax exempt intermediate term bonds (20%), inflation protected bonds VIPSX (5%)
5% cash
12% foreign stocks - 3% Lazard Emerging (LZEMX), 9% Fidelity Spartan Foreign Index (FSIIX)
25% Large Cap - Vangurad Growth Index VIGRX (2%), S&P 500 (5%), Vanguard Total Stock Index (16%), other managed funds (7%)
6% Mid Cap
3% Small Cap
3% REITs
2% Commodities
Questions
1. How could I improve the portfolio?
2. Shall I keep REITs and Commodities?
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- Joined: Fri May 13, 2011 6:27 pm
Re: COuld you review my portfolio?
Too many funds
http://www.bogleheads.org/wiki/Three-fund_portfolio
Were is reit?would make that 5% and drop commodities
tax placement
http://www.bogleheads.org/wiki/Principl ... _Placement
Also,here is a better way to post
http://www.bogleheads.org/wiki/Asking_p ... _questions
Good luck
John
http://www.bogleheads.org/wiki/Three-fund_portfolio
Were is reit?would make that 5% and drop commodities
tax placement
http://www.bogleheads.org/wiki/Principl ... _Placement
Also,here is a better way to post
http://www.bogleheads.org/wiki/Asking_p ... _questions
Good luck
John
Re: COuld you review my portfolio?
REITs is in the taxable account. The funds have sizable gains that I can't liquidate yet.
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- Posts: 6393
- Joined: Fri May 13, 2011 6:27 pm
Re: COuld you review my portfolio?
You can take distributions in cashigghy wrote:REITs is in the taxable account. The funds have sizable gains that I can't liquidate yet.
Re: COuld you review my portfolio?
I am.
Could I do 5 fund portfolio with domestic stocks split among large cap/mid cap/small cap? I already own funds in mid-cap and small-cap. I have to wait before I can liquidate.
Could I do 5 fund portfolio with domestic stocks split among large cap/mid cap/small cap? I already own funds in mid-cap and small-cap. I have to wait before I can liquidate.
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- Joined: Fri May 13, 2011 6:27 pm
Re: COuld you review my portfolio?
Yes that's good,it is when you get 12 or more its just unnecessaryigghy wrote:I am.
Could I do 5 fund portfolio with domestic stocks split among large cap/mid cap/small cap? I already own funds in mid-cap and small-cap. I have to wait before I can liquidate.
Re: Could you review my portfolio?
It is unclear to me what kind of accounts the OP currently has. Is it really:
10% Roths
10% 403(b)
80% joint taxable accounts
??
While REITs have done well this year, you may wish to avoid taxes on them. You can contribute all shares to a donor-advised charitable fund.
10% Roths
10% 403(b)
80% joint taxable accounts
??
While REITs have done well this year, you may wish to avoid taxes on them. You can contribute all shares to a donor-advised charitable fund.
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- Posts: 6393
- Joined: Fri May 13, 2011 6:27 pm
Re: Could you review my portfolio?
You should use asking portfolio question link, it is hard to understand
http://www.bogleheads.org/forum/viewtop ... f=1&t=6212
http://www.bogleheads.org/forum/viewtop ... f=1&t=6212
Re: Could you review my portfolio?
They are all individual accounts. I just combined them since we file taxes jointly. In many cases, they duplicate each other.
I did follow the link about asking questions. Just crossed out a few items that I thought didn't apply to me. I am sorry it is hard to understand.
I did follow the link about asking questions. Just crossed out a few items that I thought didn't apply to me. I am sorry it is hard to understand.
Re: Could you review my portfolio?
OK, if you could start from scratch without any tax consequences, what would your desired portfolio look like today?
Maybe just 4 funds?
35% TotalStockMarket
15% TotalInt'lStockMarket
20% TotalBondMarket
30% TaxExemptBondMarket
without more info, what else could one say?
Maybe just 4 funds?
35% TotalStockMarket
15% TotalInt'lStockMarket
20% TotalBondMarket
30% TaxExemptBondMarket
without more info, what else could one say?
Re: Could you review my portfolio?
That sound good to me. Not sure how to get there.livesoft wrote:OK, if you could start from scratch without any tax consequences, what would your desired portfolio look like today?
Maybe just 4 funds?
35% TotalStockMarket
15% TotalInt'lStockMarket
20% TotalBondMarket
30% TaxExemptBondMarket
without more info, what else could one say?
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- Posts: 6393
- Joined: Fri May 13, 2011 6:27 pm
Re: Could you review my portfolio?
Which funds have big capital gains? Losses?any that have none or little sell now and buy what you want.Try to match gains with loses and selligghy wrote:That sound good to me. Not sure how to get there.livesoft wrote:OK, if you could start from scratch without any tax consequences, what would your desired portfolio look like today?
Maybe just 4 funds?
35% TotalStockMarket
15% TotalInt'lStockMarket
20% TotalBondMarket
30% TaxExemptBondMarket
without more info, what else could one say?
Re: Could you review my portfolio?
I already sold what I could. What's left have gains except commodities. If I sell commodities with losses, i can use the losses to cancel gains from selling REITs or one or two other funds. That still leaves me with funds in each class. I could keep them and try to emulate index funds as well as I can. Since I own emerging market funds, I could buy developed market funds to mirror Total International market. I think i am better off in large cap with S&P index, VIGRX, DODGX and VTSMX. Do the same for mid-cap and small-cap or leave them as is that will tilt to mid-value/small value? Would that work? That would be 20% large cap, 5% mid-cap, 5% mid-value, 5% small cap.
Yes, there two Roths accounts, two 403's and two taxable accounts, 10% roth total, 10% 403 combined, and 80% taxable. What would be a better way to avoid taxes on REITs? Move them to Roth or sell them?livesoft wrote:It is unclear to me what kind of accounts the OP currently has. Is it really:
10% Roths
10% 403(b)
80% joint taxable accounts
??
While REITs have done well this year, you may wish to avoid taxes on them. You can contribute all shares to a donor-advised charitable fund.
Re: Could you review my portfolio?
Give the REITs away to charity if they have long-term gains. That would avoid taxes on them and give you a tax deduction.
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Re: Could you review my portfolio?
Any combination your happy with will work, but the simpler the better. Without numbers it is hard to tell.If you post numbers some people are really good at this. I'm not that good
Good luck
John
Good luck
John
Re: Could you review my portfolio?
Do you mean dollar amounts?
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- Posts: 6393
- Joined: Fri May 13, 2011 6:27 pm
Re: Could you review my portfolio?
If you want someone (probably not me,I'm not that good) to give you best answer yes(you can round or be close)igghy wrote:Do you mean dollar amounts?
http://www.bogleheads.org/forum/viewtop ... f=1&t=6212