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Learning, Sharing, and Teaching => Investor Alley => Topic started by: bob999 on March 23, 2018, 02:20:17 AM

Title: Managing Asset Allocation
Post by: bob999 on March 23, 2018, 02:20:17 AM
Hi Guys,

I wanted to find out how everyone is managing their asset allocation? Are there any websites, software etc out there or is it better to use good old spreadsheet?

The complexity in managing my portfolio is that I want to manage it across my Super, my wife's Super, managed fund outside super and ETFs within my own company structure. If I want to set an allocation of say 25% to Australian shares then how do I manage it across all these areas to ensure that I am tracking to my target allocation?

I am in Australia and Super is similar to USA 401k plans.

Thanks.
Title: Re: Managing Asset Allocation
Post by: Mighty-Dollar on March 23, 2018, 04:27:26 PM
https://www.blackrock.com/wte/core-builder/us?refType=fi
https://personal.vanguard.com/us/funds/tools/recommendation?reset=true
https://gps.ricedelman.com/
http://www.vanguard.com/nesteggcalculator
Title: Re: Managing Asset Allocation
Post by: bob999 on March 23, 2018, 08:17:11 PM
https://www.blackrock.com/wte/core-builder/us?refType=fi
https://personal.vanguard.com/us/funds/tools/recommendation?reset=true
https://gps.ricedelman.com/
http://www.vanguard.com/nesteggcalculator

Thanks for the links. I should have been more clearer. I am not after what my target allocation should be but I am looking to track my actual allocation to ensure that it is close to my target allocation.

I guess what I am asking is how do people manage their portfolio / asset allocation? Are you using some specific software that automates and adds all different managed funds / ETFs and gives you a 'combined' overview?

Our money is invested in Super, my wife's super, ETFs, Managed Diversified funds etc. They all have different ratios allocated to different markets (US, AUS, Emerging etc.) plus cash in bank. So how do I easily calculate my overall asset allocation? Worse case would be to manually do it but that is a PITA.
Title: Re: Managing Asset Allocation
Post by: Steeze on March 23, 2018, 08:55:07 PM
I check mine with Morningstar Portfolio Xray. I have a TD Ameritrade account and have the full version of Xray included, but the free version is great too, it just doesn't Give you the commentary. It's not automated, but easy enough to check a couple times a year.
Title: Re: Managing Asset Allocation
Post by: stashgrower on March 24, 2018, 05:23:04 AM
I do it manually. Not the answer you wanted!
Title: Re: Managing Asset Allocation
Post by: mintleaf on March 24, 2018, 05:42:07 AM
I hacked together a custom spreadsheet to help do rebalancing. It has a section where I punch in my current asset values, it calculates what the target values should be (based on the total and AA), and it shows the difference (actual - target) for each. That basically tells me how much to trade to get back to the right allocation.

Things can get pretty complex with multiple accounts, mutual fund minimums, etc. So having something like this has been very helpful.
Title: Re: Managing Asset Allocation
Post by: appleshampooid on March 26, 2018, 11:42:24 AM
https://www.blackrock.com/wte/core-builder/us?refType=fi
https://personal.vanguard.com/us/funds/tools/recommendation?reset=true
https://gps.ricedelman.com/
http://www.vanguard.com/nesteggcalculator

Thanks for the links. I should have been more clearer. I am not after what my target allocation should be but I am looking to track my actual allocation to ensure that it is close to my target allocation.

I guess what I am asking is how do people manage their portfolio / asset allocation? Are you using some specific software that automates and adds all different managed funds / ETFs and gives you a 'combined' overview?

Our money is invested in Super, my wife's super, ETFs, Managed Diversified funds etc. They all have different ratios allocated to different markets (US, AUS, Emerging etc.) plus cash in bank. So how do I easily calculate my overall asset allocation? Worse case would be to manually do it but that is a PITA.
Personal Capital will do this. I have found their asset allocation classification to be pretty good (I only recently signed up). They will constantly pester you with sales pitches to buy their advisory service, but other than that there are no downsides (other than the inherent risk, however minimal, of sharing your account credentials with a third party).

I ended up with a Google Sheets spreadsheet anyway, since I wanted to include some CDs in my bond allocation, and PC doesn't let you manually re-classify stuff (it considers the CDs cash, which is fine, but I wanted to lump them in with other fixed-income/low variance holdings).
Title: Re: Managing Asset Allocation
Post by: OurTown on March 26, 2018, 12:30:37 PM
If you have a Fidelity account, the "Analysis" tab allows you to do this fairly easily.