Have just read The Bogleheads Guide to Investing, and am looking at restructuring my portfolio.
I am currently 38 years old, with a before tax household income in the upper mid 5 figures. 2 kids. No debt.
Lower to mid six figures invested. Currently have money invested in IRA's for self and wife, and 20% of portfolio in taxable investments. Heavily weighted towards healthcare (Recent gov't changes concern me. But the aging of our population seems to make this a good bet imho).
With my time-frame, I don't mind having a fairly risky portfolio.
I'd like to use an index strategy, as the book discusses.
I am looking at moving towards this portfolio over the course of the next year:
Vanguard Total Stock Market Index Fund-40%
Vanguard Int'l Value-30%
Vanguard REIT Index Fund-10%
Vanguard Int. Bond Fund-5%
Vanguard Healthcare Fund-15%
My questions:
1. What are peoples thoughts on this for an index portfolio?
2. When laying out an index fund portfolio should I:
a. Look at the entire portfolio (spouse and my IRA's, taxable and retirement)?
b. Set-up individual portfolios for both spouse and I?
c. Set-up separate portfolios for retirement and taxable accounts?
Thank you for sharing your thoughts with me.
I am currently 38 years old, with a before tax household income in the upper mid 5 figures. 2 kids. No debt.
Lower to mid six figures invested. Currently have money invested in IRA's for self and wife, and 20% of portfolio in taxable investments. Heavily weighted towards healthcare (Recent gov't changes concern me. But the aging of our population seems to make this a good bet imho).
With my time-frame, I don't mind having a fairly risky portfolio.
I'd like to use an index strategy, as the book discusses.
I am looking at moving towards this portfolio over the course of the next year:
Vanguard Total Stock Market Index Fund-40%
Vanguard Int'l Value-30%
Vanguard REIT Index Fund-10%
Vanguard Int. Bond Fund-5%
Vanguard Healthcare Fund-15%
My questions:
1. What are peoples thoughts on this for an index portfolio?
2. When laying out an index fund portfolio should I:
a. Look at the entire portfolio (spouse and my IRA's, taxable and retirement)?
b. Set-up individual portfolios for both spouse and I?
c. Set-up separate portfolios for retirement and taxable accounts?
Thank you for sharing your thoughts with me.