I have read the back pages of this forum on similar topics but still want to throw out a simple question.
First. I have an employer supported 401k through American Funds. Boo. I hate it. Not much I can do.
I also have a Roth IRA I contribute to annually through Fidelity. I have been with Fidelity for probably 15 years and love their platform, customer service, CMA account, etc etc. Very happy. I live in southeastern PA and just find the koolaid drinking Vanguard crowd a bit too much…sorta like the WE ARE Penn State folks. (no offense to either if you’re out there).
For a long time in the Roth I held two total loser MF’s (Oakmark funds) and about a year ago I decided to move to something akin to the 3 fund portfolio. I purchased IVV, IEFA and IJR with a small amount in bonds and cash. I have 20 years till retirement so still feeling pretty aggressive.
As I continue to read these forums and others I feel like I should have gone ITOT and IXUS. So I am having buyers remorse, not based on performance but more so because ITOT is more diverse than the S&P.
My question is…How close does an IVV & IJR combo mimic ITOT? Are they close enough that it’s not worth swapping out? Realistically how different is a IVV/IJR/IEFA portfolio to a ITOT/IXUS portfolio? Should I stay the course or switch up? 20 years from now will there really be any appreciable difference?
Many thanks in advance.
First. I have an employer supported 401k through American Funds. Boo. I hate it. Not much I can do.
I also have a Roth IRA I contribute to annually through Fidelity. I have been with Fidelity for probably 15 years and love their platform, customer service, CMA account, etc etc. Very happy. I live in southeastern PA and just find the koolaid drinking Vanguard crowd a bit too much…sorta like the WE ARE Penn State folks. (no offense to either if you’re out there).
For a long time in the Roth I held two total loser MF’s (Oakmark funds) and about a year ago I decided to move to something akin to the 3 fund portfolio. I purchased IVV, IEFA and IJR with a small amount in bonds and cash. I have 20 years till retirement so still feeling pretty aggressive.
As I continue to read these forums and others I feel like I should have gone ITOT and IXUS. So I am having buyers remorse, not based on performance but more so because ITOT is more diverse than the S&P.
My question is…How close does an IVV & IJR combo mimic ITOT? Are they close enough that it’s not worth swapping out? Realistically how different is a IVV/IJR/IEFA portfolio to a ITOT/IXUS portfolio? Should I stay the course or switch up? 20 years from now will there really be any appreciable difference?
Many thanks in advance.
Statistics: Posted by tsf2674 — Tue Aug 13, 2024 9:50 am — Replies 4 — Views 222