Author Topic: Portfolio Review: Need your input and opinion  (Read 881 times)

jamesbond007

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Portfolio Review: Need your input and opinion
« on: June 12, 2017, 02:35:35 PM »
I have been living the Mustachian lifestyle for the past 2 years and started investing last year after I bought my house with a 20% downpayment and filling up my emergency fund to cover my 1 yr expenses including mortgage PITI.


Here's the breakdown:


Emergency Stash (Incl. Mortgage PITI): $60,000
Yearly expenses : ~$30,000 (Not including Mortgage PITI)
Gross income: Salary $180,000 + 20% Bonus paid twice yearly (Wife is a SAHM). 1 toddler.
Tax filing status: MFJ


Tax advantaged:
401k (Past employer): Empower retirement invested 100% in Vanguard Target Retire Trust Plus 2050: $163,015.12
401K (Present employer): Fidelity VINIX(70%), VIMAX(20%), VSMAX(10%): Total $36,804.40
My Roth IRA: $5,634 (VTSMX)
Wife's Roth IRA: $5,634 (VTSMX) [No IRA as we don't qualify due to high income. I just backdoor into roth. 2016 was my 1st year]


Taxable accounts:
Vanguard: VFIAX ($26,287.37), VTSAX($15,370). Invested in VFIAX but found VTSAX has a slight advantage. So left VFIAX as is and started investing in VTSAX.


Wealthfront: Invested $10,000 in 2015. Now it is $12,378.55. Risk Score: 7.0. Didn't want to liquidate due to taxes and  have free credits via referrals.


No debts.


I want your opinion on my portfolio. Shall I continue with I am doing? Or do I adjust. If so, what should I do?


Thanks.






JustGettingStarted1980

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Re: Portfolio Review: Need your input and opinion
« Reply #1 on: June 12, 2017, 05:33:32 PM »
Hi bond. Unfortunately , you are on the wrong forum for this question. Go to Bogleheads.com and prepare to have your mind blown.  Post in the case study format. Just learning how to post in their format will answer a lot of your questions already.

Good luck!

JGS

jamesbond007

  • Bristles
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  • Posts: 410
  • Location: USA
  • One penny at a time.
    • I'm raising $3500 for the Arthritis Foundation.
Re: Portfolio Review: Need your input and opinion
« Reply #2 on: June 12, 2017, 08:13:43 PM »
Hi bond. Unfortunately , you are on the wrong forum for this question. Go to Bogleheads.com and prepare to have your mind blown.  Post in the case study format. Just learning how to post in their format will answer a lot of your questions already.

Good luck!

JGS

Thanks. Will do.