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How to allocate

Posted: Fri Nov 06, 2020 10:00 am
by jeronimoski
Hi all,

Got back in the game after Fidelity cut off my brokerage account/mutual funds. Thought I was screwed. Then wasted time with Rakuten. Now I have a Robinhood and a Vanguard account set up.

I have...
S&P 500 index fund
REIT
Equal weighted index fund
Total stock market ETF
Emerging Markets ETF
High dividend ETF
Various stocks
Various bond ETFs

My question is this. I can only invest about $1800 a month at a time. I would like to buy one share of each of my investments, but that means I would need to invest about $2700 each month. How do you all do it? Do you rotate which ones to invest in, or do you think I'm too diversified?

Re: How to allocate

Posted: Fri Nov 06, 2020 10:16 am
by Kanto
jeronimoski wrote: Fri Nov 06, 2020 10:00 am Hi all,

Got back in the game after Fidelity cut off my brokerage account/mutual funds. Thought I was screwed. Then wasted time with Rakuten. Now I have a Robinhood and a Vanguard account set up.

I have...
S&P 500 index fund
REIT
Equal weighted index fund
Total stock market ETF
Emerging Markets ETF
High dividend ETF
Various stocks
Various bond ETFs

My question is this. I can only invest about $1800 a month at a time. I would like to buy one share of each of my investments, but that means I would need to invest about $2700 each month. How do you all do it? Do you rotate which ones to invest in, or do you think I'm too diversified?
You have so much overlap here.

Have a look at https://www.etfrc.com/funds/overlap.php .

It is going to be very difficult to figure out your allocations.

If you can simplify in a tax-efficient manner, I would recommend it. Have you looked into the 2 or 3 fund portfolio? https://www.bogleheads.org/wiki/Three-fund_portfolio

Outside of that, you need to make some excel sheets! Managing these funds will take a bit of work.

Re: How to allocate

Posted: Fri Nov 06, 2020 11:18 am
by jeronimoski
Thanks for the post with the overlap website. I shaved off a few so that brought my money down a bit. I didn't have as much overlap as I thought. Not sure about the 3 fund portfolio, but I'll look into it.