Paul’s Mutual Fund and ETF Recommendations

Vanguard Tax-Deferred Portfolios

Fund Aggressive Moderate Conservative
Vanguard 500 Index Investor 10% 6% 4%
Vanguard Value Index Inv 10% 6% 4%
Vanguard Small Cap Index Inv 10% 6% 4%
Vanguard Small Cap Value Index Inv 10% 6% 4%
Vanguard REIT Index Inv 10% 6% 4%
Vanguard Developed Markets Index Inv 10% 6% 4%
Vanguard International Value Inv 20% 12% 8%
Vanguard FTSE All‐Wld ex‐US SmCp Idx Inv 10% 6% 4%
Vanguard Emerging Mkts Stock Idx 10% 6% 4%
Vanguard Short‐Term Treasury Inv 0% 12% 18%
Vanguard Interm‐Term Treasury Inv 0% 20% 30%
Vanguard Inflation‐Protected Secs Inv 0% 8% 12%

Vanguard Tax-Managed Portfolios

Fund Aggressive Moderate Conservative
Vanguard 500 Index 12% 7% 5%
Vanguard Value Index 13% 8% 5%
Vanguard Small Cap Index 12% 7% 5%
Vanguard Small Cap Value Index 13% 8% 5%
Vanguard Developed Markets Index 10% 6% 4%
Vanguard International Value 20% 12% 8%
Vanguard FTSE All-World ex-US Small Cap Index 10% 6% 4%
Vanguard Emerging Markets Index 10% 6% 4%
Vanguard Intermediate Term US Treasuries 0% 6% 9%
Vanguard Limited Duration Tax-Exempt 0% 16% 24%
Vanguard Intermediate Term Tax-Exempt 0% 18% 27%

Vanguard Emergency Fund Portfolio

Fund Allocation
Vanguard Prime Money Market First three to six months worth of living expenses
Vanguard Short Term Investment Grade Funds in excess of three to six months of living expenses

Vanguard Monthly Income Portfolio

Fund Allocation
Vanguard Short‐Term Investment‐Grade Inv 25%
anguard Interm‐Term Invmt‐Grade Inv 25%
Vanguard GNMA Inv 25%
Vanguard High‐Yield Corporate Inv 25%

Fidelity Tax-Deferred Portfolios

Fund Aggressive Moderate Conservative
Fidelity Spartan 500 Index Inv 11% 6% 4%
Fidelity Large Cap Value Enhanced Index 11% 7% 5%
Fidelity Small Cap Enhanced Index 11% 7% 4%
Fidelity Small Cap Value 12% 7% 5%
Fidelity Real Estate Investment 5% 3% 2%
Fidelity Spartan International Index Inv 9% 6% 3%
Fidelity International Value 18% 10% 7%
Fidelity International Small Cap Opp 9% 5% 4%
Fidelity Emerging Markets 9% 6% 4%
Fidelity International Real Estate 5% 3% 2%
Fidelity Intermediate Government Inc 0% 20% 30%
Fidelity Spartan S/T Tr Bd Idx Inv 0% 12% 18%
Fidelity Inflation‐Protected Bond 0% 8% 12%

T. Rowe Price Tax-Deferred Portfolios

Fund Aggressive Moderate Conservative
T. Rowe Price Equity Index 500 10% 6% 4%
T. Rowe Price Value 10% 6% 4%
T. Rowe Price Small‐Cap Stock 10% 6% 4%
T. Rowe Price Small‐Cap Value 10% 6% 4%
T. Rowe Price Real Estate 10% 6% 4%
T. Rowe Price International Eq Index 10% 6% 4%
T. Rowe Price Intl Gr & Inc 20% 12% 8%
T. Rowe Price International Discovery 10% 6% 4%
T. Rowe Price Emerging Markets Stock 10% 6% 4%
T. Rowe Price Short‐Term Bond 0% 12% 18%
T. Rowe Price US Treasury Interm 0% 20% 30%
T. Rowe Price Inflation Protected Bd 0% 8% 12%

ETF Tax-Deferred Portfolios

The following portfolio is composed of my picks for the best ETFs anywhere, representing every asset class I recommend. These funds are available commission-free at discount brokerage houses, including Charles Schwab.

Fund Aggressive Moderate Conservative
Schwab U.S. Large Cap 11% 6% 4%
Vanguard Value 11% 7% 5%
Schwab U.S. Small Cap 11% 6% 4%
Vanguard Small Cap Value 12% 7% 5%
Vanguard REIT Index 5% 3% 2%
Schwab International Equity 9% 5% 3%
iShares MSCI EAFE Value Index 9% 6% 4%
Vanguard FTSE All‐Wld ex‐US SmCp Idx 9% 5% 3%
WisdomTree International SmallCap Div 9% 6% 4%
Schwab Emerging Markets Equity 9% 6% 4%
Vanguard Global ex‐US Real Estate 5% 3% 2%
iShares Barclays 1‐3 Year Treasury Bond 0% 12% 18%
iShares Barclays 3‐7 Year Treasury Bond 0% 20% 30%
iShares Barclays TIPS Bond 0% 8% 12%