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Hi all, looking for advice to improve my investment portfolio. I've become a huge fan of this subreddit and trust/hope that this group will provide fair-minded feedback. Considerations:
1. **Residence**: I'm European, working in NYC. Currently awaiting a Green Card. I do not know if I will stay in the US long term, but I do plan to stay for at least 5 years. For now, I am keeping a negligible amount of funds invested in my country of origin. Indeed, 95% of my total investments are in the US --> this is the portion displayed in the screenshot.
2. **Low 401(k)**: My employer does not offer a 401(k) match. As such, I'm still trying to determine whether I should max it out or not, seeing as I do not want to restrict my cash-flow until I know where I will be settling long term. This is important as the future of the US is uncertain, and not all European countries have favorable tax treaties with the US. For now, I've been allocating 4% of my gross income to my 401(k) but wondering if I should go a little higher. On a slightly unrelated note, my company initially defaulted my contributions to FFLEX, but I have since updated that in favor of FXAIX.
3. **High Yield Cash Reserves**: I have some funds parked in Checking Accounts + a HYSA (not reflected here as the screenshot only includes investments). Recently, I've been transferring funds from the HYSA to VUSXX, given that the latter is state tax exempt. Wondering if I should maintain both accounts, or just move everything over to VUSXX. The answer seems obvious, however, I like the flexibility of seemingly and quickly drawing funds from the HYSA to cover miscellaneous expenses without having to wait for the funds to settle in my account. This is relevant as I have regular medical expenses and I also travel frequently. Separately, the reason VUSXX represents almost 20% of my US investments is because I'm saving for future wedding + house (time will tell where).
4. **Fidelity Brokerage Allocation**: Please do not ask me why I invested in SMCI, I will sell that one soon. In general, I want to reduce my concentration in Tech, and abide by the bogleheads philosophy to prioritize broadly diversified, low-cost index funds. Given recent world events, I also plan to increase VXUS. I will re-adjust my contributions accordingly, but interested to hear your thoughts on how I should go about that. What would you recommend removing/adding/replacing?
Thanks in advance.