- AAPL Apple Computer - 85 shares worth $54,000.
- Had this since I was a teenager, original cost basis was $600. Last week I sold my first-ever chunk of this. 15 shares to cash out at $9500 (I had an even 100 shares before last week. I used $2500 of that to purchase (below)
- VBMFX - Vanguard Total Bond Market Index Fund - $2500.
- Bought this with part of my AAPL proceeds because I decided that I was too light on bonds and I knew that Vanguard was "good". Probably should have gotten a bond ETF and thought more about tax efficiency before doing this
- VOO Vanguard S&P 500 ETF - $5800. Just bought this with my 2013 contribution.
- SYK Stryker Corporation - $5600.
- AMRMX American Funds American Mutual - $16300.
- CAIBX American Funds Capital Income Builder Fund - $17000.
- CWGIX American Funds Capital World Growth and Income Fund - $17500.
- These American Funds were bought years ago when my parents helped with contributions and I let them choose allocation
Deferred balance - $67,700
Cash on hand - $28,000.
No 401k available from employer (I might try to work on this but not at the moment)
I'd like to invest about $8k (mostly the cash earned from the AAPL sale)
The way I see it my problems are:
1. Too much invested in AAPL
2. My holdings are probably not arranged in tax-efficient manner
I plan on slowly divesting the AAPL until I am down to around 50 shares. I know holding even that many is quite possibly irrational, but it has been so good to me and I believe in the company.
Is it worth doing anything else with my existing holdings to make them more tax-efficient, or should I just be more mindful of tax-efficient allocation on future investments?
With the $8k I have to invest right now I intend to buy a couple more Vanguard ETFs. Still haven't decided what, but probably BND.
Any friendly advice would be appreciated