Debt: $105k mortgage at 2.75%
Tax Filing Status: Single
Age: 32
Desired Asset allocation: 100% stocks / 0% bonds
Desired International allocation: 45% of stocks
I have a 100% equities portfolio that I'm looking to hold for awhile before slowly adding bonds. I'm self-employed ($100-150k/yr income), and it's possible one of my businesses will be sold within the next three years for a mid-six figures windfall. Ideally I'd like to retire in the next 10-15 years, but I'm flexible and enjoy my work a lot.
Current portfolio value: $270k
Allocation: 55% US (61% of this is VTSAX, and 39% is VSIAX) / 45% international (VTIAX)
My Roth ($57k) is entirely small cap value, VSIAX. My thinking (based on some advice I received from a CFP) is go aggressive with a historically strong asset class here, since this is money I'll likely be touching last. Therefore, the current tilt of my portfolio is hard to SCV, but that would decrease since I'll be contributing much more annually to my 401k and brokerage, in which I exclusively buy and hold VTSAX and VTIAX.
Is my approach with the small cap tilt unnecessarily risky? I like the idea of staying close to market weight with my international allocation. I'm happy to hear any ideas for further diversification as well as any other recommendations
