Hi,
I am looking for advice on how I can better construct my retirement portfolio. I have a 401k, and then I have a Scottrade account with an IRA, Roth, and a taxable brokerage. Is it appropriate to just post the portfolio and ask for advice on how I might improve it? I don't see a lot of threads that have done that. I'll start with just the 401k. My contribution gets split 50/50 between two funds:
Fund Name 1 YR/ 5 YR/ 10 YR/ Since/ Inception Date/Gross Expense Ratio
AmFds Am Bal R6
Prospectus | Fact Sheet 1.06% 9.14% 6.15% 9.99% 07/25/1975 0.29%
Dtsch RREEF RealEst Sec S
Prospectus | Fact Sheet 2.15% 10.82% 6.73% 7.55% 05/02/2005 0.72%
The first fund has the second to lowest expense ratio that is available to me. The lower expense ratio is:
Vngrd Mrgn Gr Adml
Prospectus | Fact Sheet 5.85% 11.44% 6.81% 5.18% 05/14/2001 0.26%
The second fund has a higher expense ratio, but I chose it because I thought it would help diversify me, and it gets better returns than the bond options, or money market. Also, I have no index fund options. The REIT fund has done better, it accounts for 51.63% of my account now, where the Amfds is 48.37%. Total amount of the 401K is $50K.
In my scottrade accounts, I have about $9700 of SPX, $6000 of DXJ, $5000 of VHCIX, $4000 of APPL, and then about $2500 of assorted other stocks I bought years ago.
I don't think I did too horribly just making it up but I'm sure I can do better. I am guessing people will recommend I close the Scottrade account, and send all the assets to Vanguard or Betterment?