She asked about an ETF portfolio on David Jackson's Tech Uncovered site.
|IVV||iShares S&P 500 Index Fund||Large cap US stocks||0.09%|
|IJH||iShares S&P Mid Cap 400 Index Fund||Mid cap US stocks||0.20%|
|IWM||iShares Russell 2000 Index Fund||Small cap US stocks||0.20%|
|EFA||iShares MSCI EAFE Index Fund||Large cap foreign developed market stocks||0.35%|
|EEM||iShares MSCI Emerging Markets Index Fund||Large cap emerging market stocks||0.75%|
|RWR||streetTRACKS Wilshire REIT Index Fund||Real estate investment trust index fund||0.25%|
|LQD||iShares GS $ Investop Corporate Bond Fund||US corporate bonds||0.15%|
|SHY||iShares Lehman 1 to 3 Year Treasury Bond Fund||US short-term Governement bonds||0.15%|
|IEF||iShares Lehman 7 to 10 Year Treasury Bond Fund||US long-term Governement bonds||0.15%|
|TIP||iShares Lehman TIPs Bond Fund||US Governement inflation-protected bonds||0.15%|
I read David's site often, it is excellent. What good about the portfolio is there is no real overlap. Too many of these things miss this point. I do think it is possible to capture a little more yield in the fixed income component without taking a lot more risk, if any more risk. The other thing is I'm not sure if these should be equal weighted in the portfolio or not.
The biggest flaw would be with the person that implements this portfolio but doesn't continue to learn about new products. ETFs are in their infancy. CEFs used to be dominated by single country funds and bond funds. More and more CEFs are becoming very sophisticated. Both ETFs and CEFs will continue to evolve. I can not say they are right for everyone, but any do-it-yourselfer should take the time to keep up with this part of the industry.