On Monday, I sold the stock. I had owned it for 16 years, I bought it soon after the company de-mutualized and became a publicly held company. I made 8-9 times my original investment on the stock. I split the proceeds four ways: two financial stocks, the Vanguard Small-Value ETF, and the Vanguard Total Bond Market ETF.
This shows the rewards of owning individual stocks but I have also posted about the risks.
Here is the Portfolio X-Ray of my retirement portfolio.
Now here are my top 10 holdings:Edit: The image of my original stylebox disappeared when tiny-pic, a service that hosted images, went out of business. So I copied the information from a post below in October 2015, three months later. Not too much changed in a few months.
22 22 18
06 07 10
06 06 04
US Stocks 50%
Foreign Stocks 17%
Individual stocks were about 12.5% of the portfolio as of my original post.
US Total Stock Market Index 13.5%
Diversified Bond Fund 6.05%
Cash Balance Retirement Pension 5.02%
Vanguard US Total Bond Market Index 4.47% In Fund and in ETF form.
GNMA Fund 3.62%
TIPS Fund 3.19%
Vanguard Small Value Index ETF 2.96% (I recently added to this)
International Growth Fund 2.86%
International Index Fund 2.50%
S&P Small Cap 600 ETF 2.34%
Top 10 Holdings 46.51%
My individual stocks are about 14% of my retirement portfolio. I hold 16 individual stocks there.
So now, I am mid-cap/small-cap titled but the small/value tilt is temporarily gone.