Author Topic: Save a Noob from a Financial Wealth Planner (1.65%)!  (Read 4915 times)

ysette9

  • Magnum Stache
  • ******
  • Posts: 4820
  • Location: Bay Area, CA
    • Insert Snappy Title Here (Journal)
Re: Save a Noob from a Financial Wealth Planner (1.65%)!
« Reply #50 on: April 04, 2017, 11:33:47 AM »
Quote
In the end, I guess that overall allocation is the end goal, and if I can do this with the cheapest fee options then I should be heading in the right direction

You said it well. YOu are looking for balance over your entire portfolio, not a single account. If your 401(k) has crappy bond fund options then skip them and do bonds in your IRA instead. One could also do the same balance across spouses if your spouse has great bond fund options in his/her 401(k). It's the big picture that matters.

caracarn

  • Handlebar Stache
  • *****
  • Posts: 1401
  • Age: 49
  • Location: Ohio
Re: Save a Noob from a Financial Wealth Planner (1.65%)!
« Reply #51 on: April 04, 2017, 11:49:30 AM »
Like I said, the only problem with my overall allocation is the fact that most of my money is going towards my 401k which has decent stock options but pricier bond options.  So for me to keep this thing close to 90/10, I almost feel like I'll have to buy bonds from my 2 choices (0.6% fees on intermediate or 0.8% on aggresive).  Or maybe I can make this work by putting my Roth IRA money into the Fidelity Total Bond option.  That may be enough to keep it balanced each year, but then I feel like I'm missing the opportunity to put money in my 2 Total Stock options (VG and Fido)

In the end, I guess that overall allocation is the end goal, and if I can do this with the cheapest fee options then I should be heading in the right direction

I'd just to Total Bond Index.  VBTLX at Vanguard is 0.06% not 0.6% so 10 times cheaper.  It will handle anything you need.  FSITX is exactly the same in Fidelity and has a 0.05% expense ratio if you want to keep things there for now, which you said you did for a year or two I thought.  The other funds are way to costly.  No reason to give away money for perceived (but now actual) returns.