New to the forum, so nice to meet everyone. 33 year old Project Management professional in the software industry. I have been investing since 2006 and thanks to the current bull market have built up a sizable portfolio. I am very passionate about investing and in it for the long term. I do not day trade, but do buy individual stocks along side my 401k and broad index ETFs.
My ask to the community. I would like opinions (good and bad) about my stock allocations in my portfolio listed below. I have never sat down with a investment advisor, but simply tried to do my homework and follow picks of what I believe to be intelligent investors. I consider my self a generally defensive investor and like dividends.
Few things to note:
- Max our ROTH IRA, 401k and my wifes SEP IRA.
- Portfolio below is held between ROTH IRA, 401k, my wives SEP IRA and brokerage account. Retirement accounts account for 75% of that value of the portfolio
- I currently have more cash on hand than I normally would given my opinion of a stock market top
- 401k is comprised of 80% S&P 500 index fund and 20% small cap index fund
- Gold and silver are physical bullion in the form of coins and 1oz bars
Emergency funds: Yes
Debt: Mortgage 4% 30yr Fixed with 27 yrs left. I pay weekly and pay additional 30% each month, so wind downs in 22yrs vs 30yrs)
Tax Filing Status: Married Filing Jointly
Tax Rate: 22-25% Federal, 0% State
State of Residence: Texas
Age:33
Desired Asset allocation: 98% stocks / 2% bonds
Desired International allocation: 7% of stocks
Thanks in advance.