Author Topic: My Asset Allocation  (Read 622 times)


  • 5 O'Clock Shadow
  • *
  • Posts: 1
My Asset Allocation
« on: May 24, 2018, 02:39:31 PM »
First Post Here! Looking to get some feedback on my current asset allocation. Think I may have too much in cash but any feedback at all welcome.

28 Years Old

1. Savings account (Marcus - 1.7% interest) - 10k
2. Checking account (TD) - 6k (2.5k minimum balance used to be useful for free atms - looking for recommendations on a new checking account)
3. Credit Card -  -2k balance as of writing but this is paid every month

1. 401k - 50k (20% of gross + 6% company match)
2. IRAs (Vanguard) - $23k ($5k Traditional, $18k Roth)
3. PITA IRA - $1k (need to move this in to Vanguard - lazy)

1. Robinhood - $41k (all in SPY or DIA) - somebody correct me if I am wrong but I believe the math supports the management fees on the SPY ETF compared to Vanguard index funds (maybe not Admiral)

Maybe important to know that I spend about $2k a month all in (for Emergency Fund discussions). I save about 65-70% of my income each month. May do another post in the future on my income / expenditures but for now just interested in any feedback on my allocation.



  • 5 O'Clock Shadow
  • *
  • Posts: 30
Re: My Asset Allocation
« Reply #1 on: May 24, 2018, 06:12:38 PM »
Well, it'd be helpful to know what your allocation is in the retirement accounts. Re: the Robinhood, do you have any particular reason for focusing on U.S. large cap? Switching out for a total U.S. market ETF and adding international shares would diversify your portfolio, in theory giving you same or better returns with less volatility.

Also, the 0.09% on the SPY is better than vanguard's investor-level S&P 500 mutual fund at 0.14%, but the admiral shares or the comparable ETF are both 0.04%. Which is not a massive difference, but it is lower than 0.09.