Hey guys,
Looking for some feedback on my current AA. I started investing in 2012 with mostly US stocks, but then slowly added in international stocks over the past few years. In recent years I've had a high income and felt that US stocks were overvalued and so, while I didn't sell any US stocks, I put most of my newer contributions into international stocks which has led to them being a large part of my portfolio.
Investments
International Stocks: $600,000 (37%)
US Stocks: $480,000 (30%)
REITs: $134,000 (9%)
Bonds: $155,000 (9%)
Cash: $235,000 (15%)
Total: ~$1.6M
Bank
$40,000 (checking 0%)
$200,000 (savings - earning 1.35%)
Home
Mortgage balance: $495,000 (rate: 3.75%)
Home worth: ~$650,000
I have a lot of cash, and part of the reason is that I run my own business which has its risks - although to be honest those risks have lessened as the company is growing. I'm also contemplating putting a chunk of the money in the bank towards the mortgage in the near future, but haven't decided yet. I also made the classic mistake of holding some cash in the investment account to "buy in on a correction" which hasn't really happened. I've slowly been putting money into the market. Just put another $30k in today.
My goal is more so to preserve my wealth and not necessarily to grow my investments aggressively. I enjoy running my own business but want the investments to be there if I decide in a few years that I'm done, so I guess I'm looking to build a portfolio which has moderate growth with some downside protection built in. If anyone has any suggestions I'd love to hear them!
Thanks!