Hello,
Any input on this would be much appreciated.
My SO and I have x dollars in cash. I am currently in the process of transferring this into index funds. I am averaging this over a period of total 12 months. There is a limit of available index funds here in Norway, but the number is growing. We are 4 months into this transfer process.
My planned allocation is as follows:
1/12 in Norwegian Index Fund
1/6 in Nordic Index Fund
1/4 in Emerging Market Index Fund (I may not have the term right, but it is mainly Asian, Latin America, Europe and Africa in decreasing order of allocation)
1/2 in Global Index Funds (we use 2 different index funds, but they seem to correlate, about 50% exposure to USA, the rest in other developed markets)
Any thoughts on the allocation?
When our transfer is complete, we will probably continue to save a fixed amount each month which fingers crossed should be reasonably substantial.
Can we use the buy-in from when our transfer is complete (May next year) to achieve rebalancing in the beginning? I was thinking that we would buy into these index funds so that the allocation we have is reasonably intact. Any thoughts on whether this is a viable/smart strategy?
Also, are there any views on number of rebalances per year? I am going for once a year, if it is needed, as recommended by many sources.
Best Regards