As noted in my The Process... post, my taxable portfolio is targeted to be equally-weighted between Mutual Funds, ETFs and my Dividend Stocks. I have not quite achieved that weighting. Currently, my weightings are as follows:
- 52% Mutual Funds
- 15% ETFs
- 33% Income Stocks
The Good: My allocation helped to preserve a significant portion of my investment portfolio.
Needs Improvement: I need to, and will, pay more attention to my diversification and asset allocation within my Income Stocks. For 2008, I plan to optimize my Income Stock/ETF portfolio, by reducing my exposure to real estate (36%) and banking (16%) through new investments in 2008.
How did your portfolio perform in 2007 and what changes are you contemplating in 2008?