As others have said, dollars not number of shares matter
It's a Roth IRA so there is no cost to exchanging VBTLX for BND but they are virtually the same thing. You do have a smaller expense on BND (0.03% vs 0.05%) but both are very cheap. I suppose if you have many years in the market the 0.02% will eventually make a bit of a difference so going to BND is not a horrible suggestion.
Going from a very reasonable 3-fund portfolio to a complicated 8-funf portfolio looks to me that the advisor is adding complexity to justify their fee. Also unless you are close to retirement TIPS may not make sense. Your salary is your inflation hedge. Not that having some TIPS is a horrible idea, but ore-retirement it unnecessarily complicated the portfolio.
For full disclosure I own both BND and BNDX, and it think it doesn't hurt, but whether it's better than BND alone remains to be seen. You do want international on the bond side (some will disagree) including some Emerging Markets (VWO)
I spent a year with Facet as an advisor and it's the kind of stuff they pulled to justify their fee. It's not horrible advice, the advisor is not fleecing you, but it's not necessarily better than what you have.
It's a Roth IRA so there is no cost to exchanging VBTLX for BND but they are virtually the same thing. You do have a smaller expense on BND (0.03% vs 0.05%) but both are very cheap. I suppose if you have many years in the market the 0.02% will eventually make a bit of a difference so going to BND is not a horrible suggestion.
Going from a very reasonable 3-fund portfolio to a complicated 8-funf portfolio looks to me that the advisor is adding complexity to justify their fee. Also unless you are close to retirement TIPS may not make sense. Your salary is your inflation hedge. Not that having some TIPS is a horrible idea, but ore-retirement it unnecessarily complicated the portfolio.
For full disclosure I own both BND and BNDX, and it think it doesn't hurt, but whether it's better than BND alone remains to be seen. You do want international on the bond side (some will disagree) including some Emerging Markets (VWO)
I spent a year with Facet as an advisor and it's the kind of stuff they pulled to justify their fee. It's not horrible advice, the advisor is not fleecing you, but it's not necessarily better than what you have.
Statistics: Posted by Raspberry-503 — Thu Oct 24, 2024 12:09 am — Replies 5 — Views 372