Hi! Here are my rounded current Vanguard holdings, my life status, and my future goals:
Mutual Funds:
VSEQX: 34.3%
VWNAX: 14.1%
ETFs:
VXUS: 29%
VUG: 15.1%
VTI: 7.3%
Current portfolio totals $548,294.61.
I'm 31, currently single, but will likely marry in the next two years or so (partner makes ~$115k a year but is much more of a spender than me). We would like at least one kid.
I've started my own business in the last year in hospitality/travel; if I grow it wisely, it's possible it will bring in ~$100k/year in maybe five years' time. I have two HYSA totaling ~$506k. My AGI is ~$46k. I realize this is low, but I earned most of my money as a kid (long story), so I am kind of just enjoying my part-time gig/growing a new business for now.
Ideally I'd like to buy a home in a VHCOL area, but I am flexible (e.g., willing to fuck off to Europe with dual citizenship opportunity). Basically I just want to live reasonably and comfortably, and hopefully work as little as possible (or at least not for The Man in a 9-5; had that once, hated it).
I'd like to be more aggressive in my portfolio holdings to allow for the (admittedly nebulous) plans and dreams above.
Any ideas for what to invest in? Thank you!
Help me re-balance my portfolio: 31F, single, hoping to buy a home in VHCOL area in near future but also work as little as possible?
byu/goodmorningcptahab ininvesting
Posted by goodmorningcptahab
7 Comments
A moving van to a lower cost of living area.
You and your partner are not in a position to own a home in a VHCOL area unless you want all of your investments to be tied up in that house.
I would talk to a tax professional before doing any of what I’m about to talk about but –
Since you’re looking to work as little as possible, using your portfolio for income generation might be a good move for you. It’s worth considering to determine how much you’d like to generate from your portfolio and then allocate a portion to covered call ETFs. QDVO, for example, has a yield of just over 10% at the moment and is one of the better ETFs of this time IMO. The total returns over around what the S&P500 has been providing since its inception so it sidesteps the asset value decay that a lot of covered call ETFs have.
Anyway, that’s just my two cents. Make sure to be very clear about the tax situation though. My state has no tax on dividends but it gets murky with other states and municipalities.
You don’t believe in US stock market more? I would not be that heavy in VXUS and move more into VTI. Aggression? Look into SPMO, QQQM, SMH, VGT
Before anything else, look into a prenup first .
Not the advice you asked for, but the experience you might avoid:
If you’re trying to work as little as possible, you are incompatible with a partner that is” more of a spender than you are”.
The actively managed funds are where I’d start. You’re paying ~0.3% ERs for exposure you could replicate with VTI at 0.03. Also VUG overlaps quite a bit with VTI’s mega cap tech positions, so you’re overexposing on that sector and market cap. Here’s a full breakdown of your current allocation: [https://insightfol.io/en/portfolios/report/f0ad0b4808/](https://insightfol.io/en/portfolios/report/f0ad0b4808/)
What’s the tax situation on potentially exiting VSEQX/VWNAX?
Use Claude