Ok,
I've been procrastinating, feeling like all investment classes are risky and not wanting to pull the trigger. But my savings account is now at $21,940 and I need to do something with it. Here's my current portfolio. I think I'm going to aim at a similar portfolio to the Vanguard Target Retirement 2055 fund, A. because I'm 27, and B. because I prefer more aggressive investing though I plan to retire way before 2055. With all investment classes being such poor options these days I feel I need to keep a good percentage in cash, 10%? No idea really how much.
Current $ Current %
US stock 83209.54 0.612510416
US Bond 18268.64 0.134476555
Int stock 11996.66 0.088308134
Int Bond 435.16 0.003203239
Cash 21940 0.161501656
Total 135850
Vanguard 2055 % + 10% in cash?:
US stock 63%
US Bond 08%
Int stock 27%
Int Bond 02%
I plan to slowly rebalance, not all at once, but maybe $500 every week until it's balanced.
Any suggestions on what I'm thinking, if it sounds like a good approach?