You need to only cover three broad markets: domestic equities, international equities, fixed income.The issue is I am extremely limited in the funds that my institution has to offer for the 403(b).
If you are not able to cover the entire broad market, then settle for good-enough; S&P 500 for domestic, Developed Markets only for international, and a stable value fund / money market fund for fixed income.
Having 40 different funds available in your plans is just clutter, not helpful.
Surely your 403(b) has an S&P 500 index fund? And perhaps a Developed Markets Index fund for international equities?
Keep what? REIT funds? At this stage of your investment journey (just starting), DO NOT go heavily into any specific sub sector. That includes REITs. Amass some portfolio first before you start to slice and dice. Keep it simple.I understand that keeping bonds in Roth might not be the most tax efficient, however I feel like that's the only place I can currently keep them.
And even if you DO amass a larger portfolio, the advice is to NOT slice and dice, just own the entire haystack. But at that time, the advice becomes a bit less stringent.
VTI contains VUG already according to the market weight. Why do you want to add VUG again? See the first response above .... Ditto for VGSLX in the Roth ...I can do VTI + VUG in taxable and just leave the VOO + VGSLX in roth IRA as an alternative though. Maybe down the line throw in some VXUS into either taxable or Roth IRA.
No. Because VOO has only 500 stocks (or just a handful more), whereas VTI has 3500+ stocks. That fact alone makes them NOT "substantially identical".If I have VOO in Roth IRA and VTI in taxable, won't that lead to a wash sale if I TLH VTI and have my VOO Roth IRA dividends set to reinvest?
Statistics: Posted by lakpr — Wed Feb 21, 2024 6:06 pm
