Hello all,
First time poster, but I have been reading the blog for about 6 months and have already made a lot of changes in the way I approach finances. I have about $100K in a mutual fund (SHAPX) which I recently transferred to Vanguard from Smith Barney. Because of the high fees with this fund I would like to eventually sell off the shares of SHAPX to buy VTSAX shares, or a combination of VTSAX: 60%, VTIAX: 30% (Total I'tl Stock Market), and VBTLX: 10% (Total Bond Mkt). I'm looking for ideas on the best way to go about this. It is a taxable account. Also maybe some thoughts on allocation?
Some other information about me:
Income: Fluxes based on available overtime but made $73K last year, $60K taxable.
8.4% pre-tax paid to State Retirement System
8.8% pre-tax to deferred compensation (currently at about $40k) contributions have since been raised to 13%
$400 a month post-tax to a Betterment Emergency Fund
$250 a month post-tax into a Savings account
Current Cash/Savings around $25k
(I am putting that much money into the savings/Betterment account because I am debating returning to college and that money would help avoid loans)
Thanks in advance!