Hello All,
I am working to move my portfolio to a more mustachian allocation. Through this process I wanted to have some of the more seasoned investors look over my portfolio and give suggestions. I also have a few specific questions below.
My current strategy is to have my (John's) 401k invested in Vanguards Target 2060 (the lowest cost fund in my plan) and have the remainder of the portfolio to be at 70% domestic stock and 30% foreign stock through index funds. Since we are both working with Fidelity I have been buying FSTVX and FSIVX. I am 32 years old and still in the accumulation stage although sometimes I worry about already having enough in retirement account. But I figure I should continue to take advantage of the tax advantanges.
1. I have 16K sitting in cash right now that I need to get invested. I am a little concerned about just purchasing all at once. Should I just jump in and buy or should I force DCA through monthly purchases? The lowest cost index funds require a 10K purchase.
2. I still have a few accounts that are a bunch of mutual funds that are higher expense ratios than index funds. I am planning to sell all of these to purchase FSTVX and FSIVX. Similar question, should I just move them all at once or is there a reason I should space out my sells and purchases? Are there any issues with putting everything into these two index funds?
3. Feedback on the overall strategy?
Any other comments or suggestions?
Jane
-Rollover IRA: 5500 cash(just rolled over)
-Roth IRA: 10500 cash (deposited but forgot to purchase *face punch*)
-403B: 67K (A bunch of fidelity mutual funds 64% domestic stock, 18% foreign stock, 8% bond, 6% short term)
-401A: 38K (A bunch of fidelity mutual funds 63% domestic stock, 19% foreign stock, 10% bond, 4% short term)
-457B: 15K 70% FSTVX, 30% FSIVX
John
-401k: 226K 100% Vanguard Target 2060 (VTSMX 62%, VGTSX 27%, VBMFX 8%, VTIBX 2%)
-Rollover IRA: 72K (A bunch of mutual funds 68% domestic stock, 25% foreign stock, 6% short term)
-Roth IRA: 20K 100% FSTVX
-ESPP: 81K 42% FSTVX, 15% FSIVX, 43% company stock - sold every 6 months as it turns long term.