Comments On Proposed Investments
I asked this some time back and got a couple of good suggestions, particularly a foreign bond suggestion from Brewer, but it is now closer to the time I can make changes in my retirement fund accounts and also as the market has changed I want to check back in and get up to date. I have initiated a transfer of about 1/3 of my tax deferred funds from my TSP ( Fed Govt 401k type) fund to a Wells Fargo IRA/trading account. This could take at least a month to complete but I'm trying to get my plans developed for when it the funds arrive in the WFB IRA. The funds in the TSP were allocated 85% target retirement fund and 15% total international index. I generally like the TSP but am doing this transfer for two reasons; one is to diversify beyond the assets held in the target retirement fund and I need to have some funds in an actual IRA if I want to transfer funds into a Roth IRA in 2010. DW's IRA is in Wellesley.
Now other asset classes not included in the target retirement fund don't look so great right now; I am not sure I have the cajones to buy REITs, commodities and foreign bonds right now.
My plan is to buy the following EFTs/stocks:
VIG 4.5% VG Div Appreciation
VYM 4.5 VG High Div Index
VBR 4.5 VG Small Cap value
VPU 4.5 VG Utility
VTV 9.1 VG Value
VOE 9.1 VG Midcap Value
VEU 18 VG Intl
DLS 9.1 Small Cap Div Index
VWO 4.5 VG Emrg Mkts
Any comments on stock/ETF selection. I expect to hold these for the long term, some will be liquidated in 2010 to transfer to my Roth IRA. Others will be liquidated when/if I need to bolster the pension. If my kids are lucky they will get some eventually if not withdrawn at RMD time. Oh, I did also think about adding BWX which would increase my foreign assets and maybe restore the bond/stock ratio disturbed by moving funds from the target retirement account.
Old men ought to be explorers