If I rebalance now:

Sally Beauty (Empower, $24k)

goal: stable value, a few % to not lose much to inflation

Nomura Diversified Income Instl
DPFFX
10-Year = 2.78%

PGIM Total Return Bond Z
PDBZX
10-Year = 2.88%

Vanguard Total Bond Market Index Adm
VBTLX
10-Year = 1.97%

Putnam Stable Value Fund: 15bps
10-Year = 2.72%

The three bond funds all suffered about -13.5% losses in 2022 (Covid) whereas Putnam never lost money. That also means it never made more than 4% returns on any year. But this is what I'm looking for.

Fidelity (Microsoft, $100k)

goal: stable value, a few % to not lose much to inflation

Stable Value Account - This fund started last October so no historical data. Account's manager is Invesco Advisors, Inc.

PIMCO Total Return Account
10-Year = 2.72%
Typical bond fund in that it lost a good amount in 2022.

Unfortunately no good choices. Perhaps in six years the Stable Value Account will have enough history.

Fidelity (Oracle, $2M)

For this I think a 40/30/20/10 split.

10% ($200k) on a stable fund.

Vanguard Institutional Total Bond Market Index Trust
9-Year (life of fund) - 1.82%

Broad Market Bond Portfolio
10-Year = 2.79%

Galliard Stable Value Fund
10-Year = 2.44%

Once again the two bond funds had losses in 2022. If I want super stable then Galliard is the way to go. With this, Sally and Microsoft stable funds that's $225k which is about a 3-year cushion if the market tanks for a few years.

20% on an international fund.

Dodge & Cox International Stock Fund Class X
DOXFX
10-Year = 8.27%
Expense Ratio (Gross) = 0.57%

Vanguard Institutional Total International Stock Market Index Trust
9-Year (life) = 6.84%
Expense Ration (Gross) = 0.0350%

Artisan International Separate Account
10-Year = 8.69%
Expense Ratio (Gross) = 0.65%

Emerging Markets Stock Portfolio
7-Year (life) = 5.58%
Expense Ratio (Gross) = 0.64%
(This one is a bit too limited scope.)

Fidelity® Worldwide Fund
FWWFX
10-Year = 13.02%
Expense Ratio (Gross) = 0.77%
(Disqualified because half of it is USA stocks)

I like index-type funds so even though it has a lower ROI I'd go with Vanguard Institutional Total International Stock Market Index Trust.

30% on USA small/mid-cap.

Vanguard Institutional Extended Market Index Trust
8-Year (life) = 10.11%
Expense Ratio (Gross) = 0.0150%

US Small-Mid Cap Value Stock Portfolio
10-Year = 10.23%
Expense Ratio (Gross) = 0.47%

William Blair SMID Cap Growth Strategy
10-Year = 10.44%
Expense Ratio (Gross) = 0.68%

Once again stick with an index-type fund and at least this one is competitive with the other two: Vanguard Institutional Extended Market Index Trust.

40% on USA large cap.

Dodge & Cox Stock Fund Class X
DOXGX
10-Year = 12.32%
Expense Ratio (Gross) = 0.46%

Vanguard Institutional 500 Index Trust
8-Year (life) = 14.69%
Expense Ratio (Gross) = 0.0060%

Fidelity Contrafund® Commingled Pool Class S
10-Year = 17.13%
Expense Ratio (Gross) = 0.3%

Fidelity Growth Company Commingled Pool Class S
10-Year = 21.33%
Expense Ratio (Gross) = 0.32%

I'll stick with Vanguard Institutional 500 Index Trust and be quite happy with that rate of return.


Taken together the Fidelity (Oracle) holdings would be 10.52% per year.