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Re: Asset Allocation and TREA uphaus  07-07-2008, 6:38 PM | Post #2536547
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Hi Dan,

Congratulations on securing a tenure-stream appointment.  As you doubtless know, tenure-stream positions have been disappearing in all sorts of disciplines at a fairly rapid rate.

I see no reason why you should be apologetic about using Boglehead language.  You have already constructed a simple understandable portfolio.  As Bogle himself likes to say, "The enemy of a good plan is a perfect plan."  You've got a good plan to start with--all the more so because your new school is helping you double your contribution.

Frankly, I would stick with the plan until you achieve tenure (I hope you are immediately vested).  Once you get past the tenure hurdle, I'd take a good look at your asset allocation again and see if it's still the plan you feel most comfortable with.

If you go to the TIAA Asset management website, there's lots of research on the TIAA Real Estate account.  I don't believe TIAA itself recommends more than 15% in TREA  model portfolios, but there certainly are folks who hold, or have held,  a higher percentage at some time--myself included.

As you say, there is no "right" anwer, but for now you certainly seem to be on the "right" track.  Best wishes with your new appointment. Bob U.

 

Topics Asset Allocation Asset Management model portfolios TIAA TIAA Real Estate View Complete Thread
 
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