Author Topic: Help with investment portfolio for noob (thanks in advance)  (Read 1609 times)

gillamnstr

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Hi all!

I'm a bit concerned my retirement portfolio is unbalanced.

Special snowflake details:
-I work freelance, so my salary varies from year to year. I'm currently having a good year, so I'm trying to sock away as much as possible
-no 401k, I'm doing my best with a Roth IRA and my union gives me an Annuity
-37 years old, plan to work probably a long time
-If possible, I'd like to keep what I currently have where it is (unless it's totally dumb) and add to it with new funds as I earn them

8% - I-Savings bond (treasury bond)
36% - (taxable) VTSAW - Vanguard stock market index fund
10% - Traditional IRA - Vanguard Wellington Fund
33% - Roth IRA - Vanguard Wellington Fund
13% - Annuity through work - Vanguard 2035 Retirement fund (VTIFX)

I get the sense I need to adds some bonds or REIT's into the mix.

Thanks to the people who actually do this to help people.  I hope to return the favor as I learn more!

forummm

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Re: Help with investment portfolio for noob (thanks in advance)
« Reply #1 on: May 27, 2015, 05:16:44 PM »
This looks like a perfectly reasonable set of investments to me. Good job with the investments! And you call yourself a "noob" :)

Eric

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Re: Help with investment portfolio for noob (thanks in advance)
« Reply #2 on: May 27, 2015, 05:25:37 PM »
I get the sense I need to adds some bonds or REIT's into the mix.

Both your Wellington Fund (34% bonds) and 2035 Target Date Fund (17.2%) contain bonds.  Plus your savings bond.