Do most people here try to do any special allocations between sectors? Or even between stocks/bonds?

Personally I rarely invest in bonds and never really paid much attention to sector allocations. I just try to keep stocks to 10% or less positions (not a firm rule but I’m not going to buy a new 20% position in any stock).

Right now I’m trying to figure out the mess of stocks, mutual funds, ETFs, etc. that I’ve accumulated. Much of which from inherited accounts.

My plan starts with selling the mutual funds (in non-taxable accounts so no tax issues now) and then moving that money into various stocks and ETFs. Unfortunately due to the need of keeping the inherited accounts in separate accounts it still will look messy with ~8 accounts at Fidelity alone.

I might go with all ETFs at Fidelity and keep stocks only in my main account at TD. My father only had a variety of mutual funds and ETFs. I think I only have BRK in my fidelity account(s).

Anyone here use Fidelity? If so, how easy is it to add someone else to your accounts?

I’ve already want through the process of adding my wife as the beneficiary of all of the accounts (somewhat tedious despite the “copy” beneficiary command, as you still have about 4 more windows/clicks to complete the process).

I think I’ll call Fidelity to ask them a few questions such as whether there are fees to sell the inherited Vanguard mutual funds, how hard it is to add my wife to the account in case I’m incapacitated, and better understand the differences between “Z” and “X” taxable accounts. One seems to allow ATM cards and the other doesn’t. Seems strange to have 2 different types of taxable accounts.


Boglehead 3 fund portfolio. The rest is commentary/overkill/doing more for less.


Yes, as stated before, I traded my bonds for cash and came into the year roughly 2/3 stocks, 1/3 cash.

Now more like 60/40 because my stocks have fallen in price and I am not yet buying new stocks or bonds.

Im fully invested. Less than 5% bonds. And just sold my Dillards trust preferred ticker DDT. Interest is taxed as ordinary income and i dont need the income. Contributes to the medicare fees problem. Id rather have capital gains. They at least can be controlled.

I use investment caps to force diversification. That is my main allocation device. It keeps me from buying some good quality stocks that are already maxed.

I should extend that to sectors, but so far have resisted. Overly heavy in tech stocks and thinning when the opportunity presents its sekf. But a long way to go. And likely to hold many quality issues for recovery. See my CAPs portfolio for current holdings.

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Do most people here try to do any special allocations between sectors? Or even between stocks/bonds?

Yes. I was ~100% in stocks in my 30s and 40s, then started adding less volatile funds in my 50s as I could see my FIRE date approaching. I also rejiggered my stock allocation to include ETFs for Consumer Staples, dividend payers and Health Care. As I’ve had to withdraw money to live on, I drew from whichever’s allocation got off from my target.

I wasn’t afraid of high volatility while working because I was pretty sure that broad indexes would catch up if they dropped temporarily. Volatility worked for me thanks to buying more shares at low prices each paycheck than at high prices. But volatility works against you on the “living off your money” side. That’s critical just before and just after you pull the trigger on “done working for pay;” that’s doubly so if you are delaying social security and not eligible for Medicare so paying your own health insurance.

The “less volatile” assets include short term bonds, cash, iBonds, floating rate bonds and an arbitrage fund.

I also have a couple REITs, but count those as “volatile” assets, which may be somewhat uncorrelated to stocks but pretty much are.

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