Sowhatdoidonow
Dryer sheet wannabe
Hello everyone?
I am starting over my investment approach in 2010 and will be pretty much reallocating my entire portfolio in the next few weeks. Over the past several months I opened a Fidelity self directed account and have moved all my holdings to it from a UBS managed account. I am reading the "Investors Manifesto" and now read this forum daily. So enough with brokers, I am trying to take charge of my investments and we will see how that goes so bear with me as I try to seek some advice.
My first question is has there been a poll or thread that actually shows what funds people hold based on their life situation. I am 46 and have been retired for 2 years. Three kids (12, 13 and 16) and a wonderful wife. I have lurked on the boards and have read books and have bought into the whole low expense passively managed fund approach. My wiring would say that I should have between 35% to 40% equities based on my sleep patterns in the fall of 2008. So with that as a background, what do you guys hold given similar backgrounds. I know this is a Vanguard groupie forum. If I would have known I would have opened a Vanguard account versus Fidelity, but I assume I can buy Vanguard just as easily at Fidelity even though there "free" suggestions lean toward PEMCO and Fidelity on the bond side and index funds on the equity side.
Sorry for rambling but is there a place on the boards that people have discussed there life situation and therefore here are the allocations and funds I hold. I know its personal and individual but I am just looking for a starting point based on the collective experience here. I trust you guys more than my broker if for no other reason than I think you not getting a slice of the pie (I think?).
Sam
I am starting over my investment approach in 2010 and will be pretty much reallocating my entire portfolio in the next few weeks. Over the past several months I opened a Fidelity self directed account and have moved all my holdings to it from a UBS managed account. I am reading the "Investors Manifesto" and now read this forum daily. So enough with brokers, I am trying to take charge of my investments and we will see how that goes so bear with me as I try to seek some advice.
My first question is has there been a poll or thread that actually shows what funds people hold based on their life situation. I am 46 and have been retired for 2 years. Three kids (12, 13 and 16) and a wonderful wife. I have lurked on the boards and have read books and have bought into the whole low expense passively managed fund approach. My wiring would say that I should have between 35% to 40% equities based on my sleep patterns in the fall of 2008. So with that as a background, what do you guys hold given similar backgrounds. I know this is a Vanguard groupie forum. If I would have known I would have opened a Vanguard account versus Fidelity, but I assume I can buy Vanguard just as easily at Fidelity even though there "free" suggestions lean toward PEMCO and Fidelity on the bond side and index funds on the equity side.
Sorry for rambling but is there a place on the boards that people have discussed there life situation and therefore here are the allocations and funds I hold. I know its personal and individual but I am just looking for a starting point based on the collective experience here. I trust you guys more than my broker if for no other reason than I think you not getting a slice of the pie (I think?).
Sam