NinjaPigeon
Recycles dryer sheets
- Joined
- Jan 8, 2006
- Messages
- 331
Okay, this is the first year I've ever had this problem (My check-to-check friends tell me it's a nice problem to have), but I'm to the point where I have enough money spread in enough places that I'm not sure how to maintain the asset allocations.
To be more specific, my investments are broken down like this:
-11% - Cash (Emigrant Direct and a checking account)
-7% - Individual stocks (My play account to learn more about the market)
-8% - Automatic (Vanguard Target Retirement 2045 Fund, in a Roth IRA to which I'm no longer eligible to contribute)
-22% - International (Vanguard Total International Stock Index Fund, in a traditional IRA)
-19% - Small Cap (Vanguard Small-Cap Index Fund, in a Brokerage account)
-19% - Mid Cap (Vanguard Mid-Cap Index Fund, in a Brokerage account)
-14% - Large Cap (Vanguard 500 Index Fund, in a Brokerage account)
So now that you know how my money is invested, let me clarify my question.
Looking at my allocation, let's say that I think the 22% International is too high, and I'd like to rebalance my portfolio to have 20% International and split that 2% across Small and Mid caps. Well, I can't pull my money out of the IRA to put into my brokerage. And I can't just add exposure in the IRA to the same funds I'm using in the Brokerage because it's not enough to overcome fund minimums.
So far, I've been dealing with a very serious cash problem I had, where I was 90% cash and only 10% invested. Now that's solved, but I can't think of any way to rebalance my portfolio short of using any new money I remove from the cash pile to pump up any "lagging" areas.
This problem is going to be compounded next month once I start my 401k contributions at my new job. Should I have my 401k try to mirror the asset allocation I've chosen across the other vehicles? Or do you guys typically keep different asset classes in each account type and only rebalance within each account?
To be more specific, my investments are broken down like this:
-11% - Cash (Emigrant Direct and a checking account)
-7% - Individual stocks (My play account to learn more about the market)
-8% - Automatic (Vanguard Target Retirement 2045 Fund, in a Roth IRA to which I'm no longer eligible to contribute)
-22% - International (Vanguard Total International Stock Index Fund, in a traditional IRA)
-19% - Small Cap (Vanguard Small-Cap Index Fund, in a Brokerage account)
-19% - Mid Cap (Vanguard Mid-Cap Index Fund, in a Brokerage account)
-14% - Large Cap (Vanguard 500 Index Fund, in a Brokerage account)
So now that you know how my money is invested, let me clarify my question.
Looking at my allocation, let's say that I think the 22% International is too high, and I'd like to rebalance my portfolio to have 20% International and split that 2% across Small and Mid caps. Well, I can't pull my money out of the IRA to put into my brokerage. And I can't just add exposure in the IRA to the same funds I'm using in the Brokerage because it's not enough to overcome fund minimums.
So far, I've been dealing with a very serious cash problem I had, where I was 90% cash and only 10% invested. Now that's solved, but I can't think of any way to rebalance my portfolio short of using any new money I remove from the cash pile to pump up any "lagging" areas.
This problem is going to be compounded next month once I start my 401k contributions at my new job. Should I have my 401k try to mirror the asset allocation I've chosen across the other vehicles? Or do you guys typically keep different asset classes in each account type and only rebalance within each account?