When will I learn? Wife's portfolio beating mine.

[Murdock75]

All these years I had my wife take advantage of her 403b making maximum contributions and she was not happy about the deductions from her check. Now 30 yrs later in spite of working part time her whole life and I made about twice her annual income she now has almost as much in her IRA as I do. I intentionally invested her portfolio slightly less aggressively as mine. (At 76 yrs old it's a good problem to have). Don't know yet if I will adjust my portfolio 100% tech stocks etfs mutual funds (nvda,smh,spy,qqq,fselx,fbgrx, 72% of portfolio. Wife now has 98.5 % of similar positions with some HD, V, AMZN and a treasury note.

 

[PlayinwithFIRE]

Youre best financial move is to buy flowers and make her dinner.

pwf

 

[TheWizard]

Seems to be a bit of a controlling issue here between the OP and his wife, regarding who makes certain decisions.
But I could be wrong...

 

[Murdock75]

Seems to be a bit of a controlling issue here between the OP and his wife, regarding who makes certain decisions.
But I could be wrong...

I do all the trades and make all the decisions - my wife barely understands that she has lots of money. I was just trying to say that I should pay more attention as to what is working and modify portfolios accordingly.

 

[imjustawarrior]

When we got married, my DW retired from accounting and became a SAHM. We rolled her retirement accounts to an IRA and then converted it to a Roth. She started with about $40k. I was at $0 in Roth. We started doing backdoor Roths when the backdoor opened. Her Roth is VXUS, and mine is VTI. Who knew VTI would have such a good run while international lagged. My Roth blew past hers. I have now started Roth conversions, so there is no comparison any longer.

All of our finances have always been shared, so it really doesn't matter.

 

[aja8888]

Youre best financial move is to buy flowers and make her dinner.

pwf

Best advice out there...

 

[Kings over Queens]

All these years I had my wife take advantage of her 403b making maximum contributions and she was not happy about the deductions from her check. Now 30 yrs later in spite of working part time her whole life and I made about twice her annual income she now has almost as much in her IRA as I do. I intentionally invested her portfolio slightly less aggressively as mine. (At 76 yrs old it's a good problem to have). Don't know yet if I will adjust my portfolio 100% tech stocks etfs mutual funds (nvda,smh,spy,qqq,fselx,fbgrx, 72% of portfolio. Wife now has 98.5 % of similar positions with some HD, V, AMZN and a treasury note.

Have you checked for overlap in this funds?

Example, smh, spy and qqq hold NVDA.

I didn't dive too deeply but suspect that you are holding a bunch of the same stocks across many different funds.

 

[Murdock75]

Have you checked for overlap in this funds?

Example, smh, spy and qqq hold NVDA.

I didn't dive too deeply but suspect that you are holding a bunch of the same stocks across many different funds.

Yes and that is intentional. Recent purchases WDC, TXN, TSM are also in MF and ETFS.

 

[Dash man]

All that matters is winning as a team.
My wife was the bigger earner, but left her money mostly in a checking account. I convinced her to invest in stocks and we did well in both of our accounts.