Post by Admin on Mar 20, 2022 10:42:15 GMT -5
In order to make my wife's investment decisions easier, I set up a written plan for her to invest in only 3 funds. I only trust 2 choices indexes + Vanguard funds managed by Wellington for long term hold. Wellington Management is the oldest, it's conservative, team style, and not one dominant manager, with a very cheap expense ratio. Since our money isn't with Vanguard, we would have to own the more expensive funds(not Admiral), but it's still cheap.
For a younger age, until age 75 and still having a taxable account...45% VWINX...25% VWAHX(HY Muni)...30% VSMGX (60/40 invested in 2 US + 2 international indexes). Since HY Muni bonds are hybrid, this portfolio is more like 40/60
Older than 70-75 or taxable account is gone: 40% VWINX(40/60)...30% VWEHX(HY Corp)...30% VSMGX(60/40). Since HY Corp bonds are hybrid, this portfolio is more like 45/55. Why increase the risk at age 75? because an older retiree has fewer years to live and can take a bit more risk.
As long as I'm managing the portfolio, I will be using my style
For a younger age, until age 75 and still having a taxable account...45% VWINX...25% VWAHX(HY Muni)...30% VSMGX (60/40 invested in 2 US + 2 international indexes). Since HY Muni bonds are hybrid, this portfolio is more like 40/60
Older than 70-75 or taxable account is gone: 40% VWINX(40/60)...30% VWEHX(HY Corp)...30% VSMGX(60/40). Since HY Corp bonds are hybrid, this portfolio is more like 45/55. Why increase the risk at age 75? because an older retiree has fewer years to live and can take a bit more risk.
As long as I'm managing the portfolio, I will be using my style