This is a one-year check-in since my first portfolio review. Based on below, is there anything I should re-examine or change? Am I missing anything?
Yes, about 4-6 months in Ally. For an emergency beyond that I will use my "play money," credit cards, and/or draw from my taxable.
Student Loan Debt: $4,714.42 at 6.25% interest
This loan is currently in forbearance. I will pay it off once the forbearance ends on 09/30/2021
Tax Filing Status:
Single, no kids.
24% Federal, 9.3% State
State of Residence:
Desired Asset allocation:
I'm not planning on holding bonds at the moment. I will revisit when 35.
For US/INT, I'm thinking anywhere between 20% to market weight for international. Currently adding new money to VXUS to get 20%.
- US: 84%
- INT: 16%
- Bonds: 0%
27.72%: VTI — 0.03%, (Vanguard Total Stock Market Index ETF)
11.43%: VT — 0.08%, (Vanguard Total World Stock ETF)
5.55%: VXUS — 0.08%, (Vanguard Total International Stock ETF)
1.16%: SPY — 0.095%, (SPDR S&P 500 ETF Trust)
Taxable Play Money approx. 7k
2.64%: BTC and ETH at Coinbase Pro
1.12%: roughly equal parts of AVUV, QQQJ, QQQM, VSS, and IEMG (Small Cap Value, Tech, Tech, International Small Cap Value, Emerging Markets) at Robinhood
Roth IRA approx. 25k
8.91%: VTI — ER: .03%, (Vanguard Total Stock Market Index ETF)
3.94%: FZROX — ER: .00%, (Fidelity ZERO Total Market Index Fund)
.58%: GBTC — ER: 2%, (Grayscale Bitcoin Trust)
.7%: ETHE — ER: 2.5%, (Grayscale Ethereum Trust)
401k: approx. 33k (8k in Roth 403b, 24k in 403b)
14.65%: FXIAX — ER: 0.015% (Fidelity 500 Index Fund)
3.92%: FSSNX — ER: 0.026%, (Fidelity Small Cap Index)
Roth IRA maxed out for 2021 in the beginning of the year
403b on track to max out by end of December.
Approx. Net Worth: 180k. (which is what you see above. I don't own any property and I drive an '07 Honda, etc.).
Renting an apartment: approx 3k a month.
Occupation: High school teacher, just ending my first year. Pay is about 100k.
Savings rate for the past year is roughly 50%
1. I’m mostly seeking general advice: any thoughts?
2. Hoping to sell all of the VTI in my Roth and purchase FZROX. Thoughts? This will result in VTI in taxable, FZROX in Roth, FXIAX in 403b which should simplify any tax-loss harvesting opportunities...correct? Any reason not to do this?
3. I don't plan on adding to the grayscale trusts in my IRA.