So, I'll admit I pay very little attention to my investments. I just make sure I put money into my 401K and Roth accounts. That probably should change.
My 401K goes to a target fund. I opened up my Roth in 2003, and kind of randomly picked some funds. In the 5 or so subsequent years, I stupidly added money to the best performers. I've since learned about rebalancing and now contribute to level the funds. I just looked at my latest quarterly statement and it says my annualized portfolio rate of return since initial investment in 2003 is 5.74%. Is that not pathetic?! It seems like it is. Year to date since 1/1/2012 looks better- 13.83%.
What are some basic things I can do to improve my portfolio performance? Right now I have 45% growth, 35% growth and income, 15.44% equity-income, and 3.79% balance funds. What are the implications of moving it all into a target fund? I really feel like I need to see better returns if I'm going to retire early!
My 401K goes to a target fund. I opened up my Roth in 2003, and kind of randomly picked some funds. In the 5 or so subsequent years, I stupidly added money to the best performers. I've since learned about rebalancing and now contribute to level the funds. I just looked at my latest quarterly statement and it says my annualized portfolio rate of return since initial investment in 2003 is 5.74%. Is that not pathetic?! It seems like it is. Year to date since 1/1/2012 looks better- 13.83%.
What are some basic things I can do to improve my portfolio performance? Right now I have 45% growth, 35% growth and income, 15.44% equity-income, and 3.79% balance funds. What are the implications of moving it all into a target fund? I really feel like I need to see better returns if I'm going to retire early!