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Home > Archive: May, 2022

Archive for May, 2022

Made Some Market Moves

May 13th, 2022 at 06:50 pm

So for the first time in a very long time I did some portfolio re-balancing. I've been using my contributions to slowly change my target allocations the past few years, but that is a slow process with the size of my portfolio versus the amount I'm contributing. With the market down I decided to make some changes. Long story short I went from 71% domestic allocation in my mutual funds to 78%, and from 29% to 22% international allocation in my mutual funds. This will still keep me on target for the 20-40% international stocks that most recommend. I had changed to a 60% domestic/40% international allocation back in 2017. Slowly I drifted from that allocation just due to US stocks outperforming international stocks. I was at about 34-35% international when I just stopped contributing to them entirely, then it had drifted down to 28% by the end of 2022 first quarter. I know that I wanted to get it closer to 20% so I just bit the bullet & did a re-balancing this week. Right now I'm just contributing to the S fund in my TSP and VTSAX in my IRA, though I still hold C,S, and I, as well as VTSAX and VTIAX. I also hold VHYAX in my taxable brokerage account. That is the money from the sale of my condo for a future home purchase. It is holding nicely despite the downturn. I'm actually still up from when I invested back in September.

In income news I still haven't received the 10% retention incentive that we signed for back in March, and the salary survey for our special pay scale has been completed, but mum has been the word on that. We shall see. Despite not doing any OT, I am still making extra at my PRN job. It would be nice if I can start contributing to the brokerage account regularly. I could scale back my monthly savings contributions and maybe split them between cash savings and the brokerage fund. I'll probably finish out this year of fully contributing to cash savings, though. Then maybe get back to investing in the brokerage account in 2023. I'm trying to get close to being able to pay cash for my next car and with these car prices, that could be a pretty penny!

According to Mint I am down $138,880 over the past month, but still holding well over $1.111 million in investments.