Since we just made our IRA contributions for 2007 recently and had made a few mutual fund exchanges, I figured this was a good time to post another portfolio snapshot. Since we have so many different accounts now, I changed the presentation layout a bit to clean things up.
|Asset Class / Fund||$||%|
|Broad US Stock Market||$38,836||32%|
|VTSMX – Vanguard Total Stock Market Index Fund|
|DISFX – Diversified Stock Index Institutional Fund|
|DODGX – Dodge & Cox Stock Fund|
|US Small-Cap Value||$10,480||9%|
|VISVX – Vanguard Small Cap Value Index Fund|
|Real Estate (REITs)||$10,017||9%|
|VGSIX – Vanguard REIT Index Fund|
|Broad International Developed||$29,925||26%|
|FSIIX – Fidelity Spartan International Index Fund|
|VDMIX – Vanguard Developed Markets Index Fund|
|International Emerging Markets||$10,198||9%|
|VEIEX – Vanguard Emerging Markets Stock Index Fund|
|Bonds – Short-Term||$8,989||8%|
|VFISX – Vanguard Short-Term Treasury Fund|
|Bonds – Inflation-Indexed||$8,260||7%|
|VIPSX – Vanguard Inflation-Protected Securities Fund|
Through the end of 2007, we maxed out the salary contributions of both of our 401k/403b plans and put in $15,500 each. We didn’t qualify for a Roth IRA contribution in 2007, but after exploring the options of a non-deductible contribution to a Traditional IRA, we decided to go for it and put in $4,000 each in early April. For 2008, my wife has contributed about $5,000 so far to her 403b and is on track to max out again. I’m lagging a bit behind, but should catch up later in the year.
The 2008 year-to-date time-weighted performance of my personal portfolio is -1.96% as of 4/18/08. Although not necessarily a benchmark, the Vanguard S&P 500 Fund has returned -4.77% YTD, their FTSE All World Ex-US fund has returned –3.47% YTD, and their Total Bond Index fund has returned 1.32% YTD as of 4/18/08.
Portfolio Construction Details
We followed the general asset allocation plan outlined here. I went ahead and moved forward to a 85% stocks/15% bonds split since I base it on the formula [115-Age] and I’ll be turning 30 in a few months. Here is an example of how we implemented the asset allocation across multiple accounts, although I’ve since moved some funds around. It’s definitely not an exact science, we just did the best we could with the fund choices available.
You can view all my previous portfolio snapshots here.