55 years old, single, no debt and considering making some changes to my portfolio.
Presently it is 55% stock, 30% bond, 15% cash. Would like to go 50-55 stock, 40-45 bond and 5 cash. Portfolio is over $600k. Federal tax rate 15%, state 5.3%
Taxable:
Vanguard Mass Tax Exempt VMATX 4%
Vanguard FTSE All World ex US VFWAX 10%
Vanguard Primecap Core VPCCX 14%
Vanguard Mid Cap Index VIMAX 9%
I Bonds 4%
Exxon XOM 5%
St Joe Co JOE 2%
Spider Materials XLB 2%
ROTH
Vanguard Total Bond Mkt VBTLX 11%
Brown Capital Mgmt Small Co BCSIX 5%
IRA
Loomis Sayles LSBRX 7%
T Rowe Price Real Estate TRREX 7%
Vanguard Intermediate Term VFICX 5%
Possible Changes
Taxable- sell VPCCX, XLB. Buy Vanguard Mega Cap MGC and iShares Small Cap IJR
Roth- sell VBTLX and BCSIX. Buy Vanguard Intermediate Term Bond VBILX, TCW Total Return Bond TGLMX, Doubleline Total Return Bond DLTNX
IRA sell TRREX and VFICX. Buy Realty Income O and Fidelity New Markets Income Bond FNMIX
Thoughts?
Thanks
Presently it is 55% stock, 30% bond, 15% cash. Would like to go 50-55 stock, 40-45 bond and 5 cash. Portfolio is over $600k. Federal tax rate 15%, state 5.3%
Taxable:
Vanguard Mass Tax Exempt VMATX 4%
Vanguard FTSE All World ex US VFWAX 10%
Vanguard Primecap Core VPCCX 14%
Vanguard Mid Cap Index VIMAX 9%
I Bonds 4%
Exxon XOM 5%
St Joe Co JOE 2%
Spider Materials XLB 2%
ROTH
Vanguard Total Bond Mkt VBTLX 11%
Brown Capital Mgmt Small Co BCSIX 5%
IRA
Loomis Sayles LSBRX 7%
T Rowe Price Real Estate TRREX 7%
Vanguard Intermediate Term VFICX 5%
Possible Changes
Taxable- sell VPCCX, XLB. Buy Vanguard Mega Cap MGC and iShares Small Cap IJR
Roth- sell VBTLX and BCSIX. Buy Vanguard Intermediate Term Bond VBILX, TCW Total Return Bond TGLMX, Doubleline Total Return Bond DLTNX
IRA sell TRREX and VFICX. Buy Realty Income O and Fidelity New Markets Income Bond FNMIX
Thoughts?
Thanks