I am now FULLY Indexed, and at DIRT CHEAP costs (Portfolio Review)

[Charles Joseph]

So after taking five years to pass through Rick Ferri's stages of indexing (and being stuck in "complexity" for about four of them), I've completed my journey to the land of 100% indexing at rock-bottom costs, at an asset allocation I can live with. I've also succeeded for the most part (I think) in tax-efficient fund placement.

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

This really isn't just about me but about the financial well-being and general piece of mind of my wife and other heirs when I pass. I am and continue to be extremely grateful to this community. I sold my last active fund this week, when I transferred a 403b to my Rollover IRA.

Thanks again for any suggestions or comments.

PORTFOLIO:

Fidelity 401k
FXAIX (Fidelity 500 Index Fund) 7.6% ER 0.015%
FXNAX (Fidelity US Bond Index Fund) 8.6% ER 0.025%

Fidelity Taxable Brokerage
FXAIX (Fidelity 500 Index Fund) 11.05% ER 0.015%
T-Bills 3.2% ER 0.00%
FDLXX (Fidelity Treasury Only MMF) 0.25% ER 0.42%

Vanguard Rollover IRA
VBTLX (Vanguard Total Bond Market Index Adm) 33% ER 0.05%
VTSAX (Vanguard Total Stock Market Index Adm) 6.5% ER 0.04%

Vanguard Roth IRA
VTSAX (Vanguard Total Stock Market Index Adm) 7.6% ER 0.04%

Vanguard Taxable Brokerage
VFIAX (Vanguard 500 Index Fund) 17% ER 0.04%
VUSXX (Vanguard Treasury MMF) 5.2% ER 0.09%

Asset Allocation = 50/42/8

[Outer Marker]

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

Looks very good, but if your're asking for any suggestions or improvements - why two taxable brokerages at both Fidelity and Vanguard? Since you're tied to them anyway with your 401K, I'd be inclined to consolidate everything at Fidelity, especially given better customer service and better website. Fewer tax forms to download as well.

[livesoft]

Since you have accounts at both Vanguard and Fidelity, what does the display from Portfolio Watch and from Fidelity GPS tell you? Do they match? Do not forget to enter the Fidelity info at Vanguard and vice versa.

Example:

[Charles Joseph]

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

Looks very good, but if your're asking for any suggestions or improvements - why two taxable brokerages at both Fidelity and Vanguard? Since you're tied to them anyway with your 401K, I'd be inclined to consolidate everything at Fidelity, especially given better customer service and better website. Fewer tax forms to download as well.

This is a great point and I've been thinking a lot about this. I just consolidated from three companies down to two (I held onto my 403(b) at AIG way longer than I should have; the investment options were fine but still, as you point out consolidation makes things easier).

Vanguard was where it all started for me, so leaving there is tough. But you're absolutely right about customer service and the website (including various tools). And the concerns about simplicity for my wife who is my POA and executor need to come first, over nostalgic feelings about Vanguard.

Argggh. I think I just need to do it. I'm (hopefully) retiring in just two years. Thanks for the suggestion.

[Charles Joseph]

Since you have accounts at both Vanguard and Fidelity, what does the display from Portfolio Watch and from Fidelity GPS tell you? Do they match? Do not forget to enter the Fidelity info at Vanguard and vice versa.

Example:

I do look at portfolio watch and use Fidelity GPS but haven't entered each in the other. I only own five funds now (plus the cash) so I can almost do the asset allocation in my head (believe it or not, Yahoo Finance's portfolio tool is great to track a basic portfolio and I just add up the stocks and bonds and divide each by the total to get my AA).

Should I use it for something else?

[drjd]

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

Looks very good, but if your're asking for any suggestions or improvements - why two taxable brokerages at both Fidelity and Vanguard? Since you're tied to them anyway with your 401K, I'd be inclined to consolidate everything at Fidelity, especially given better customer service and better website. Fewer tax forms to download as well.

This is a great point and I've been thinking a lot about this. I just consolidated from three companies down to two (I held onto my 403(b) at AIG way longer than I should have; the investment options were fine but still, as you point out consolidation makes things easier).

Vanguard was where it all started for me, so leaving there is tough. But you're absolutely right about customer service and the website (including various tools). And the concerns about simplicity for my wife who is my POA and executor need to come first, over nostalgic feelings about Vanguard.

Argggh. I think I just need to do it. I'm (hopefully) retiring in just two years. Thanks for the suggestion.

Devil's advocate from someone who has accounts at both. While the risk of either Vanguard or Fidelity failing is essentially zero, there is always a chance in your lifetime of losing access to one or the other due to fraud, hacking, etc. I sleep a little better knowing that if something happened and I didn't have access to one of them, I'd likely have access to the other for some reason. Additionally, for a taxable brokerage, Vanguard still has the unique structure that allows them to avoid capital gains on their mutual funds vs Fidelity.

Just a couple thoughts, sounds like you can't go wrong.

[Charles Joseph]

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

Looks very good, but if your're asking for any suggestions or improvements - why two taxable brokerages at both Fidelity and Vanguard? Since you're tied to them anyway with your 401K, I'd be inclined to consolidate everything at Fidelity, especially given better customer service and better website. Fewer tax forms to download as well.

This is a great point and I've been thinking a lot about this. I just consolidated from three companies down to two (I held onto my 403(b) at AIG way longer than I should have; the investment options were fine but still, as you point out consolidation makes things easier).

Vanguard was where it all started for me, so leaving there is tough. But you're absolutely right about customer service and the website (including various tools). And the concerns about simplicity for my wife who is my POA and executor need to come first, over nostalgic feelings about Vanguard.

Argggh. I think I just need to do it. I'm (hopefully) retiring in just two years. Thanks for the suggestion.

Devil's advocate from someone who has accounts at both. While the risk of either Vanguard or Fidelity failing is essentially zero, there is always a chance in your lifetime of losing access to one or the other due to fraud, hacking, etc. I sleep a little better knowing that if something happened and I didn't have access to one of them, I'd likely have access to the other for some reason. Additionally, for a taxable brokerage, Vanguard still has the unique structure that allows them to avoid capital gains on their mutual funds vs Fidelity.

Just a couple thoughts, sounds like you can't go wrong.

This I've thought of a lot as well, and is one of the reasons I've told my wife I've been hesitant to go all-in with Fido! Thanks for the thoughts.

[retired@50]

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

No international stock, at all?

Is that on purpose?

See the Ben Felix video in this thread: viewtopic.php?t=400140

Regards,

[marcopolo]

So after taking five years to pass through Rick Ferri's stages of indexing (and being stuck in "complexity" for about four of them), I've completed my journey to the land of 100% indexing at rock-bottom costs, at an asset allocation I can live with. I've also succeeded for the most part (I think) in tax-efficient fund placement.

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

This really isn't just about me but about the financial well-being and general piece of mind of my wife and other heirs when I pass. I am and continue to be extremely grateful to this community. I sold my last active fund this week, when I transferred a 403b to my Rollover IRA.

Thanks again for any suggestions or comments.

PORTFOLIO:

Fidelity 401k
FXAIX (Fidelity 500 Index Fund) 7.6% ER 0.015%
FXNAX (Fidelity US Bond Index Fund) 8.6% ER 0.025%

Fidelity Taxable Brokerage
FXAIX (Fidelity 500 Index Fund) 11.05% ER 0.015%
T-Bills 3.2% ER 0.00%
FDLXX (Fidelity Treasury Only MMF) 0.25% ER 0.42%

Vanguard Rollover IRA
VBTLX (Vanguard Total Bond Market Index Adm) 33% ER 0.05%
VTSAX (Vanguard Total Stock Market Index Adm) 6.5% ER 0.04%

Vanguard Roth IRA
VTSAX (Vanguard Total Stock Market Index Adm) 7.6% ER 0.04%

Vanguard Taxable Brokerage
VFIAX (Vanguard 500 Index Fund) 17% ER 0.04%
VUSXX (Vanguard Treasury MMF) 5.2% ER 0.9%

Asset Allocation = 50/42/8

Looks really good.

Just a few thoughts, since you asked for any suggestions:

1) I don't see any international. I don't want to start another international investing thread. Juts wanted to point that out and make sure you have given it some thought, and this is an intentional decision, not an oversight.

2) I prefer Total Market to SP500, but the difference is probably pretty minimal.

3) It seem you have about 5.5% of your portfolio in MMF in taxable accounts. Now that rates are higher that may cause some tax drag. I might consider keeping a smaller amount in taxable and put more of my fixed income assets in tax-deferred space.

Overall, well done!

[student]

Devil's advocate from someone who has accounts at both. While the risk of either Vanguard or Fidelity failing is essentially zero, there is always a chance in your lifetime of losing access to one or the other due to fraud, hacking, etc. I sleep a little better knowing that if something happened and I didn't have access to one of them, I'd likely have access to the other for some reason.

+1. Personally, I do not want to end up with just one company.

[epictetus]

do you have a total stock market index fund available in your Fidelity 401k?

if you do and you changed your stock portion to that you would have S&P500 index in all taxable accounts and total stock market index in 401 and IRA. That would help you do tax-loss harvesting in the future

[Charles Joseph]

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

No international stock, at all?

Is that on purpose?

See the Ben Felix video in this thread: viewtopic.php?t=400140

Regards,

Yes, after lots of deliberation, study and being 100% US for many years, the decision is intentional. I did see the Ben Felix video (I also subscribe to his podcast). I just fall on the side of 100% US.

Thanks.

[Charles Joseph]

So after taking five years to pass through Rick Ferri's stages of indexing (and being stuck in "complexity" for about four of them), I've completed my journey to the land of 100% indexing at rock-bottom costs, at an asset allocation I can live with. I've also succeeded for the most part (I think) in tax-efficient fund placement.

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

This really isn't just about me but about the financial well-being and general piece of mind of my wife and other heirs when I pass. I am and continue to be extremely grateful to this community. I sold my last active fund this week, when I transferred a 403b to my Rollover IRA.

Thanks again for any suggestions or comments.

PORTFOLIO:

Fidelity 401k
FXAIX (Fidelity 500 Index Fund) 7.6% ER 0.015%
FXNAX (Fidelity US Bond Index Fund) 8.6% ER 0.025%

Fidelity Taxable Brokerage
FXAIX (Fidelity 500 Index Fund) 11.05% ER 0.015%
T-Bills 3.2% ER 0.00%
FDLXX (Fidelity Treasury Only MMF) 0.25% ER 0.42%

Vanguard Rollover IRA
VBTLX (Vanguard Total Bond Market Index Adm) 33% ER 0.05%
VTSAX (Vanguard Total Stock Market Index Adm) 6.5% ER 0.04%

Vanguard Roth IRA
VTSAX (Vanguard Total Stock Market Index Adm) 7.6% ER 0.04%

Vanguard Taxable Brokerage
VFIAX (Vanguard 500 Index Fund) 17% ER 0.04%
VUSXX (Vanguard Treasury MMF) 5.2% ER 0.9%

Asset Allocation = 50/42/8

Looks really good.

Just a few thoughts, since you asked for any suggestions:

1) I don't see any international. I don't want to start another international investing thread. Juts wanted to point that out and make sure you have given it some thought, and this is an intentional decision, not an oversight.

2) I prefer Total Market to SP500, but the difference is probably pretty minimal.

3) It seem you have about 5.5% of your portfolio in MMF in taxable accounts. Now that rates are higher that may cause some tax drag. I might consider keeping a smaller amount in taxable and put more of my fixed income assets in tax-deferred space.

Overall, well done!

Thanks and yes any suggestions welcome!

1. The all US is intentional, for better or worse. We shall see. I've been that way for a long time.

2. That also speaks to the S&P 500 funds in taxable accounts; I've had them for a long time so lots of capital gains, not sure how to get rid of them for total market. In my Rollover IRA and Roth, everything is Total Market. In my 401k, I only have S&P 500. There's an Extended Market Fund but I haven't bothered as of yet.

3. Would it be unreasonable to put MMF cash in my Rollover IRA (and buy Total Market in taxable with it instead of S&P), sell S&P when I need cash, and purchase total market with the MMF in the IRA to keep things balanced out? That would reduce cash drag if I have it right.

Thanks again.

[marcopolo]

So after taking five years to pass through Rick Ferri's stages of indexing (and being stuck in "complexity" for about four of them), I've completed my journey to the land of 100% indexing at rock-bottom costs, at an asset allocation I can live with. I've also succeeded for the most part (I think) in tax-efficient fund placement.

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

This really isn't just about me but about the financial well-being and general piece of mind of my wife and other heirs when I pass. I am and continue to be extremely grateful to this community. I sold my last active fund this week, when I transferred a 403b to my Rollover IRA.

Thanks again for any suggestions or comments.

PORTFOLIO:

Fidelity 401k
FXAIX (Fidelity 500 Index Fund) 7.6% ER 0.015%
FXNAX (Fidelity US Bond Index Fund) 8.6% ER 0.025%

Fidelity Taxable Brokerage
FXAIX (Fidelity 500 Index Fund) 11.05% ER 0.015%
T-Bills 3.2% ER 0.00%
FDLXX (Fidelity Treasury Only MMF) 0.25% ER 0.42%

Vanguard Rollover IRA
VBTLX (Vanguard Total Bond Market Index Adm) 33% ER 0.05%
VTSAX (Vanguard Total Stock Market Index Adm) 6.5% ER 0.04%

Vanguard Roth IRA
VTSAX (Vanguard Total Stock Market Index Adm) 7.6% ER 0.04%

Vanguard Taxable Brokerage
VFIAX (Vanguard 500 Index Fund) 17% ER 0.04%
VUSXX (Vanguard Treasury MMF) 5.2% ER 0.9%

Asset Allocation = 50/42/8

Looks really good.

Just a few thoughts, since you asked for any suggestions:

1) I don't see any international. I don't want to start another international investing thread. Juts wanted to point that out and make sure you have given it some thought, and this is an intentional decision, not an oversight.

2) I prefer Total Market to SP500, but the difference is probably pretty minimal.

3) It seem you have about 5.5% of your portfolio in MMF in taxable accounts. Now that rates are higher that may cause some tax drag. I might consider keeping a smaller amount in taxable and put more of my fixed income assets in tax-deferred space.

Overall, well done!

Thanks and yes any suggestions welcome!

1. The all US is intentional, for better or worse. We shall see. I've been that way for a long time.

2. That also speaks to the S&P 500 funds in taxable accounts; I've had them for a long time so lots of capital gains, not sure how to get rid of them for total market. In my Rollover IRA and Roth, everything is Total Market. In my 401k, I only have S&P 500. There's an Extended Market Fund but I haven't bothered as of yet.

3. Would it be unreasonable to put MMF cash in my Rollover IRA (and buy Total Market in taxable with it instead of S&P), sell S&P when I need cash, and purchase total market with the MMF in the IRA to keep things balanced out? That would reduce cash drag if I have it right.

Thanks again.

Understood on the first 2.

3) That is how I handle our fixed income. I keep everything other about a month of expenses in tax-deferred accounts. When I need more money to spend, I sell some equities in taxable account, and rebalance in tax-deferred account as needed.

[Nohbdy]

So after taking five years to pass through Rick Ferri's stages of indexing (and being stuck in "complexity" for about four of them), I've completed my journey to the land of 100% indexing at rock-bottom costs, at an asset allocation I can live with. I've also succeeded for the most part (I think) in tax-efficient fund placement.

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

This really isn't just about me but about the financial well-being and general piece of mind of my wife and other heirs when I pass. I am and continue to be extremely grateful to this community. I sold my last active fund this week, when I transferred a 403b to my Rollover IRA.

Thanks again for any suggestions or comments.

PORTFOLIO:

Fidelity 401k
FXAIX (Fidelity 500 Index Fund) 7.6% ER 0.015%
FXNAX (Fidelity US Bond Index Fund) 8.6% ER 0.025%

Fidelity Taxable Brokerage
FXAIX (Fidelity 500 Index Fund) 11.05% ER 0.015%
T-Bills 3.2% ER 0.00%
FDLXX (Fidelity Treasury Only MMF) 0.25% ER 0.42%

Vanguard Rollover IRA
VBTLX (Vanguard Total Bond Market Index Adm) 33% ER 0.05%
VTSAX (Vanguard Total Stock Market Index Adm) 6.5% ER 0.04%

Vanguard Roth IRA
VTSAX (Vanguard Total Stock Market Index Adm) 7.6% ER 0.04%

Vanguard Taxable Brokerage
VFIAX (Vanguard 500 Index Fund) 17% ER 0.04%
VUSXX (Vanguard Treasury MMF) 5.2% ER 0.9%

Asset Allocation = 50/42/8

I think your portfolio is great as it is.

Here are just some things that I would consider.

You can simplify: you have redundant funds across accounts. For example, why not have all the treasuries/MMF at fidelity (hold only stocks in the vanguard taxable account, eliminate VUSXX in favor of more tbills or FDLXX)? Or, why not hold all the stocks in one tax deferred account such that your asset allocation is considered across all accounts (eliminate VTSAX from the rollover in favor of more FXAIX)? Maybe you have reasons, but you could simplify if that were a goal. I wouldn’t call it cluttered, though.

You can reduce costs: do the MMF have an advantage for you vs a rolling t-bill ladder with staggered maturities that you choose? You could set autoroll to the max and then if you need money soon, you login and turn off the next autoroll. Is this more difficult than selling the MMF?

You can diversify: international has been mentioned, you are also tilted toward large cap stocks. I think this also means you are slightly tilted towards growth.

[Charles Joseph]

So after taking five years to pass through Rick Ferri's stages of indexing (and being stuck in "complexity" for about four of them), I've completed my journey to the land of 100% indexing at rock-bottom costs, at an asset allocation I can live with. I've also succeeded for the most part (I think) in tax-efficient fund placement.

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

This really isn't just about me but about the financial well-being and general piece of mind of my wife and other heirs when I pass. I am and continue to be extremely grateful to this community. I sold my last active fund this week, when I transferred a 403b to my Rollover IRA.

Thanks again for any suggestions or comments.

PORTFOLIO:

Fidelity 401k
FXAIX (Fidelity 500 Index Fund) 7.6% ER 0.015%
FXNAX (Fidelity US Bond Index Fund) 8.6% ER 0.025%

Fidelity Taxable Brokerage
FXAIX (Fidelity 500 Index Fund) 11.05% ER 0.015%
T-Bills 3.2% ER 0.00%
FDLXX (Fidelity Treasury Only MMF) 0.25% ER 0.42%

Vanguard Rollover IRA
VBTLX (Vanguard Total Bond Market Index Adm) 33% ER 0.05%
VTSAX (Vanguard Total Stock Market Index Adm) 6.5% ER 0.04%

Vanguard Roth IRA
VTSAX (Vanguard Total Stock Market Index Adm) 7.6% ER 0.04%

Vanguard Taxable Brokerage
VFIAX (Vanguard 500 Index Fund) 17% ER 0.04%
VUSXX (Vanguard Treasury MMF) 5.2% ER 0.9%

Asset Allocation = 50/42/8

Looks really good.

Just a few thoughts, since you asked for any suggestions:

1) I don't see any international. I don't want to start another international investing thread. Juts wanted to point that out and make sure you have given it some thought, and this is an intentional decision, not an oversight.

2) I prefer Total Market to SP500, but the difference is probably pretty minimal.

3) It seem you have about 5.5% of your portfolio in MMF in taxable accounts. Now that rates are higher that may cause some tax drag. I might consider keeping a smaller amount in taxable and put more of my fixed income assets in tax-deferred space.

Overall, well done!

Thanks and yes any suggestions welcome!

1. The all US is intentional, for better or worse. We shall see. I've been that way for a long time.

2. That also speaks to the S&P 500 funds in taxable accounts; I've had them for a long time so lots of capital gains, not sure how to get rid of them for total market. In my Rollover IRA and Roth, everything is Total Market. In my 401k, I only have S&P 500. There's an Extended Market Fund but I haven't bothered as of yet.

3. Would it be unreasonable to put MMF cash in my Rollover IRA (and buy Total Market in taxable with it instead of S&P), sell S&P when I need cash, and purchase total market with the MMF in the IRA to keep things balanced out? That would reduce cash drag if I have it right.

Thanks again.

Understood on the first 2.

3) That is how I handle our fixed income. I keep everything other about a month of expenses in tax-deferred accounts. When I need more money to spend, I sell some equities in taxable account, and rebalance in tax-deferred account as needed.

Thanks! I still struggle with #1. I may put my toe in the water with maybe 10%. I'm retiring in two years.

If I may ask, do you keep some MMF cash in tax-deferred accounts? Or do you just rebalance with bonds?

[jebmke]

You can reduce costs: do the MMF have an advantage for you vs a rolling t-bill ladder with staggered maturities that you choose? You could set autoroll to the max and then if you need money soon, you login and turn off the next autoroll. Is this more difficult than selling the MMF?

The cost savings may not be as much as you think. The ER on the fund is .09, not .9 as shown.

[Charles Joseph]

You can reduce costs: do the MMF have an advantage for you vs a rolling t-bill ladder with staggered maturities that you choose? You could set autoroll to the max and then if you need money soon, you login and turn off the next autoroll. Is this more difficult than selling the MMF?

The cost savings may not be as much as you think. The ER on the fund is .09, not .9 as shown.

Yikes! You bet it ain't 0.9%! Fixed. Thanks.

[jebmke]

You can reduce costs: do the MMF have an advantage for you vs a rolling t-bill ladder with staggered maturities that you choose? You could set autoroll to the max and then if you need money soon, you login and turn off the next autoroll. Is this more difficult than selling the MMF?

The cost savings may not be as much as you think. The ER on the fund is .09, not .9 as shown.

Yikes! You bet it ain't 0.9%! Fixed. Thanks.

You're welcome

Portfolio looks good to me. I sympathize on the legacy funds that have a lot of gains. I have a chunk of 500 from way back and my core holding in Total Stock Market goes back to March 16, 2009 which was my final TLH/re-balance of that season. I don't plan to ever sell it so the losses we banked back then served us well for 10 years.

[marcopolo]

So after taking five years to pass through Rick Ferri's stages of indexing (and being stuck in "complexity" for about four of them), I've completed my journey to the land of 100% indexing at rock-bottom costs, at an asset allocation I can live with. I've also succeeded for the most part (I think) in tax-efficient fund placement.

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

This really isn't just about me but about the financial well-being and general piece of mind of my wife and other heirs when I pass. I am and continue to be extremely grateful to this community. I sold my last active fund this week, when I transferred a 403b to my Rollover IRA.

Thanks again for any suggestions or comments.

PORTFOLIO:

Fidelity 401k
FXAIX (Fidelity 500 Index Fund) 7.6% ER 0.015%
FXNAX (Fidelity US Bond Index Fund) 8.6% ER 0.025%

Fidelity Taxable Brokerage
FXAIX (Fidelity 500 Index Fund) 11.05% ER 0.015%
T-Bills 3.2% ER 0.00%
FDLXX (Fidelity Treasury Only MMF) 0.25% ER 0.42%

Vanguard Rollover IRA
VBTLX (Vanguard Total Bond Market Index Adm) 33% ER 0.05%
VTSAX (Vanguard Total Stock Market Index Adm) 6.5% ER 0.04%

Vanguard Roth IRA
VTSAX (Vanguard Total Stock Market Index Adm) 7.6% ER 0.04%

Vanguard Taxable Brokerage
VFIAX (Vanguard 500 Index Fund) 17% ER 0.04%
VUSXX (Vanguard Treasury MMF) 5.2% ER 0.9%

Asset Allocation = 50/42/8

Looks really good.

Just a few thoughts, since you asked for any suggestions:

1) I don't see any international. I don't want to start another international investing thread. Juts wanted to point that out and make sure you have given it some thought, and this is an intentional decision, not an oversight.

2) I prefer Total Market to SP500, but the difference is probably pretty minimal.

3) It seem you have about 5.5% of your portfolio in MMF in taxable accounts. Now that rates are higher that may cause some tax drag. I might consider keeping a smaller amount in taxable and put more of my fixed income assets in tax-deferred space.

Overall, well done!

Thanks and yes any suggestions welcome!

1. The all US is intentional, for better or worse. We shall see. I've been that way for a long time.

2. That also speaks to the S&P 500 funds in taxable accounts; I've had them for a long time so lots of capital gains, not sure how to get rid of them for total market. In my Rollover IRA and Roth, everything is Total Market. In my 401k, I only have S&P 500. There's an Extended Market Fund but I haven't bothered as of yet.

3. Would it be unreasonable to put MMF cash in my Rollover IRA (and buy Total Market in taxable with it instead of S&P), sell S&P when I need cash, and purchase total market with the MMF in the IRA to keep things balanced out? That would reduce cash drag if I have it right.

Thanks again.

Understood on the first 2.

3) That is how I handle our fixed income. I keep everything other about a month of expenses in tax-deferred accounts. When I need more money to spend, I sell some equities in taxable account, and rebalance in tax-deferred account as needed.

Thanks! I still struggle with #1. I may put my toe in the water with maybe 10%. I'm retiring in two years.

If I may ask, do you keep some MMF cash in tax-deferred accounts? Or do you just rebalance with bonds?

Mostly bonds.
I use a mix of individual TIPs ladder, long term TIPs fund, and Total Bond (which doesn't include any TIPs).

I figure the TIPs provide similar stable source of funds as a MMF would, with the advantage of keeping up with inflation.

[steadyosmosis]

So after taking five years to pass through Rick Ferri's stages of indexing ...
...
Asset Allocation = 50/42/8

Looks really good.

Just a few thoughts, since you asked for any suggestions:
...
Overall, well done!

Thanks and yes any suggestions welcome!

3. Would it be unreasonable to put MMF cash in my Rollover IRA (and buy Total Market in taxable with it instead of S&P), sell S&P when I need cash, and purchase total market with the MMF in the IRA to keep things balanced out? That would reduce cash drag if I have it right.

Thanks again.

Understood on the first 2.
...
3) That is how I handle our fixed income. I keep everything other about a month of expenses in tax-deferred accounts. When I need more money to spend, I sell some equities in taxable account, and rebalance in tax-deferred account as needed.

...
If I may ask, do you keep some MMF cash in tax-deferred accounts? Or do you just rebalance with bonds?

My 401k has a stable value fund, which held nearly half of my fixed income for quite a while (also held US bond index in 401k).
But when bonds tanked last year, I pivoted into them from stable value (SV has ER of 0.18%, US bond index ER is 0.03%).
Now about 93% of my fixed income is in the 401k US bond index fund (remainder of FI is I-bonds at TreasuryDirect).
I keep no cash in taxable account, only VTI (I do keep about one month expenses in checking account).
When more cash is needed, I sell a few shares of VTI, transfer cash to checking, and rebalance AA in tax-deferred if needed.

[Charles Joseph]

Looks really good.

Just a few thoughts, since you asked for any suggestions:
...
Overall, well done!

Thanks and yes any suggestions welcome!

3. Would it be unreasonable to put MMF cash in my Rollover IRA (and buy Total Market in taxable with it instead of S&P), sell S&P when I need cash, and purchase total market with the MMF in the IRA to keep things balanced out? That would reduce cash drag if I have it right.

Thanks again.

Understood on the first 2.
...
3) That is how I handle our fixed income. I keep everything other about a month of expenses in tax-deferred accounts. When I need more money to spend, I sell some equities in taxable account, and rebalance in tax-deferred account as needed.

...
If I may ask, do you keep some MMF cash in tax-deferred accounts? Or do you just rebalance with bonds?

My 401k has a stable value fund, which held nearly half of my fixed income for quite a while (also held US bond index in 401k).
But when bonds tanked last year, I pivoted into them from stable value (SV has ER of 0.18%, US bond index ER is 0.03%).
Now about 93% of my fixed income is in the 401k US bond index fund (remainder of FI is I-bonds at TreasuryDirect).
I keep no cash in taxable account, only VTI (I do keep about one month expenses in checking account).
When more cash is needed, I sell a few shares of VTI, transfer cash to checking, and rebalance AA in tax-deferred if needed.

Big help. Thanks!

[Rob Relyea]

I've experimented with uploading portfolio details from some posts and making so that anybody could open that portfolio up in bogle.tools/portfolio.

In fact, a new post today (forum topic 400371) (I am now FULLY Indexed, and at DIRT CHEAP costs (Portfolio Review)) looked interesting to me. So I entered the portfolio data using bogle.tools/portfolio.

When somebody just gives percentages, I enter each percentage as a dollar amount.

...Thanks again for any suggestions or comments...

You can see that data loaded into the tool by navigating to bogle.tools/portfolio/topic/400371

As I build more analysis tools into the tool, this kind of thing will become more interesting...

Not directly related to the topics being discussed...but I experimented with this data in bogle.tools/portfolio ... see quote.

[Charles Joseph]

So after taking five years to pass through Rick Ferri's stages of indexing (and being stuck in "complexity" for about four of them), I've completed my journey to the land of 100% indexing at rock-bottom costs, at an asset allocation I can live with. I've also succeeded for the most part (I think) in tax-efficient fund placement.

I'm posting my portfolio here to ask if fellow Bogleheads could take a look and see if there are any flaws they notice, and any improvements that might be suggested. This has and continues to be a wonderful journey.

This really isn't just about me but about the financial well-being and general piece of mind of my wife and other heirs when I pass. I am and continue to be extremely grateful to this community. I sold my last active fund this week, when I transferred a 403b to my Rollover IRA.

Thanks again for any suggestions or comments.

PORTFOLIO:

Fidelity 401k
FXAIX (Fidelity 500 Index Fund) 7.6% ER 0.015%
FXNAX (Fidelity US Bond Index Fund) 8.6% ER 0.025%

Fidelity Taxable Brokerage
FXAIX (Fidelity 500 Index Fund) 11.05% ER 0.015%
T-Bills 3.2% ER 0.00%
FDLXX (Fidelity Treasury Only MMF) 0.25% ER 0.42%

Vanguard Rollover IRA
VBTLX (Vanguard Total Bond Market Index Adm) 33% ER 0.05%
VTSAX (Vanguard Total Stock Market Index Adm) 6.5% ER 0.04%

Vanguard Roth IRA
VTSAX (Vanguard Total Stock Market Index Adm) 7.6% ER 0.04%

Vanguard Taxable Brokerage
VFIAX (Vanguard 500 Index Fund) 17% ER 0.04%
VUSXX (Vanguard Treasury MMF) 5.2% ER 0.9%

Asset Allocation = 50/42/8

I think your portfolio is great as it is.

Here are just some things that I would consider.

You can simplify: you have redundant funds across accounts. For example, why not have all the treasuries/MMF at fidelity (hold only stocks in the vanguard taxable account, eliminate VUSXX in favor of more tbills or FDLXX)? Or, why not hold all the stocks in one tax deferred account such that your asset allocation is considered across all accounts (eliminate VTSAX from the rollover in favor of more FXAIX)? Maybe you have reasons, but you could simplify if that were a goal. I wouldn’t call it cluttered, though.

You can reduce costs: do the MMF have an advantage for you vs a rolling t-bill ladder with staggered maturities that you choose? You could set autoroll to the max and then if you need money soon, you login and turn off the next autoroll. Is this more difficult than selling the MMF?

You can diversify: international has been mentioned, you are also tilted toward large cap stocks. I think this also means you are slightly tilted towards growth.

All great food for thought. Thanks. I like the idea of getting the cash all in one place. VUSXX is close enough in yield to treasuries that I could leave it all there. Or, buying T-Bills does keep me occupied and out of trouble with other parts of my portfolio.

Thanks again!

[finite_difference]

Portfolio looks less “mad” than before

[Charles Joseph]

Portfolio looks less “mad” than before

And I don't "worry" as much anymore!

[Charles Joseph]

I've experimented with uploading portfolio details from some posts and making so that anybody could open that portfolio up in bogle.tools/portfolio.

In fact, a new post today (forum topic 400371) (I am now FULLY Indexed, and at DIRT CHEAP costs (Portfolio Review)) looked interesting to me. So I entered the portfolio data using bogle.tools/portfolio.

When somebody just gives percentages, I enter each percentage as a dollar amount.

...Thanks again for any suggestions or comments...

You can see that data loaded into the tool by navigating to bogle.tools/portfolio/topic/400371

As I build more analysis tools into the tool, this kind of thing will become more interesting...

Not directly related to the topics being discussed...but I experimented with this data in bogle.tools/portfolio ... see quote.

Thank you. Will check it out.

[AlohaBill]

I really believe that how much you save each paycheck is just as important, if not more than asset allocation. Once you come to an indexed buy and hold portfolio, the only thing you have to do is save and become a millionaire.

[Charles Joseph]

I really believe that how much you save each paycheck is just as important, if not more than asset allocation. Once you come to an indexed buy and hold portfolio, the only thing you have to do is save and become a millionaire.

Agreed. I save 41% of my gross income. Retiring in two years. I will say that the 41% number has only been within the last seven years or so, as I missed a few years of saving and needed to catch up.

Message to the young folks: Even missing just a few years of saving can have outsized consequences down the road. As AlohaBill says, save as much as you can each paycheck (and do so consistently).

[Taylor Larimore]

Charles Joseph:

Your headline says what's important.

Congratulations!

Taylor

Jack Bogle's Words of Wisdom: "I favor the all-market index index fund as the best choice for most investors. -- You get to keep exactly what you don't pay for."

[Charles Joseph]

Charles Joseph:

Your headline says what's important.

Congratulations!

Taylor

Jack Bogle's Words of Wisdom: "I favor the all-market index index fund as the best choice for most investors. -- You get to keep exactly what you don't pay for."

Thank you Taylor! You certainly helped me get here! (I love looking at those expense ratios! )

[Taylor Larimore]

Charles Joseph:

Thank you for your reply.

I missed one thing that you are doing that is VERY important: Your savings of 41% of gross income!!

Best wishes.
Taylor

Jack Bogle's Words of Wisdom: "Give yourself all the time you can. Compound interest is a miracle."