Hello all,
I was hoping you could help me figure out how to rebalance my portfolio. I'm ~40yo, make around $180/yr in a HCOL area. I'm currently very aggressive in total market index fund allocation.
It's my belief that there will be a shift away from the US in the coming years to decades. Whether due to normal economics, political turmoil, dedollarization, end of reserve currency status, purposeful defaulting on national debt to undermine markets. To me it seems like somebody in my position should be better positioned so that the potential losses are hedged in some manner.
Here's a brief summary of my accounts. some of the data is obfuscated but you can get the point. Accounts are over multiple lines and all of the rows of that similar name are the accounts holdings.
| Account Name | Symbol | Description | Quantity | Current Value (rounded) | Percent Of Account |
|---|---|---:|---:|---:|---:|
| Main Brokerage | SPAXX\*\* | HELD IN MONEY MARKET | | ~$32,800 | 9.19% |
| Main Brokerage | VTI | VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETF | 601.722 | ~$203,900 | 57.11% |
| Main Brokerage | VXUS | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND | 129.317 | ~$10,000 | 2.80% |
| Main Brokerage | BND | VANGUARD BD INDEX FDS TOTAL BND MRKT | 166.292 | ~$12,300 | 3.46% |
| Main Brokerage | FSKAX | FIDELITY TOTAL MARKET INDEX FUND | 518.761 | ~$98,000 | 27.44% |
| Rollover IRA | CORE\*\* | FDIC-INSURED DEPOSIT SWEEP | | ~$0 | 0.00% |
| Rollover IRA | FSKAX | FIDELITY TOTAL MARKET INDEX FUND | 2311.105 | ~$436,400 | 100.00% |
| Post-Tax ROTH IRA | CORE\*\* | FDIC-INSURED DEPOSIT SWEEP | | ~$0 | 0.00% |
| Post-Tax ROTH IRA | FSKAX | FIDELITY TOTAL MARKET INDEX FUND | 520 | ~$98,200 | 100.00% |
| IRA MOM | SPAXX\*\* | HELD IN MONEY MARKET | | ~$0 | 0.00% |
| IRA MOM | FPIFX | FIDELITY FREEDOM INDEX 2020 INVESTOR | 926.689 | ~$15,800 | 59.71% |
| IRA MOM | FFFAX | FIDELITY FREEDOM RETIREMENT FUND | 937.059 | ~$10,600 | 40.29% |
| 401K | FXAIX | FID 500 INDEX | 690.839 | ~$165,600 | 100.00% |
| HYSA | | | | ~$100,000 | 100.00% |
I was thinking that in tax advantaged accounts it would be good to move to VXUS or FTIHX. Both total international funds.
My goal is to have international exposure. But I also don't want to lose out on growth. Maybe in the Roth IRA have a fund that is more aggressive like Contrafund or Blue chip or tech select.
any advice would be great and appreciated. I just don't want to make a mistake and you I know are smarter than I.
Thank you