starting in 2004 under Bush's Home ownership society program ...and it came crashing down in 2007
Aggressiveapproach: Let me make a correction and say I'm 4 years from 59 1/2, not 55 1/2. Anyway, yes, VTI and VOO pretty much perform the same. In my research VOO seems to be a bit more volatile but does offer around twice the yield. VOO pretty much represents the lump sum pension buyout I rolled over into my IRA and VTI represents my old 401K I rolled over into the sames IRA. I had 300 free trades so I bought each. I like VNQ which seems to be staving off this recent slide, but as redryder1 pointed out when interest rates go up REITs will take a hit, IMO.
cryptic .... Why do you have 50% in VTI and 50% in VOO? You need one of those only. If you look at the performance, they are extremely close with VTI slightly better over several years. FOr your age, I would look at putting 50% in VTI, 30% in VO and 20% in VNQ. VO is midcap which does better than VTI over time.
Up 30% on REITs in past year. With rate hike, I'm looking to sell here actually. GL, but I'm out. MLPs have dropped quite a bit and will give you your 6% yield...take a look at ALMP. You'll be ok with a long-term horizon though.
I'm 4 years from 55 1/2 and have 50% of my IRA in VOO and 50% in VTI. I like the prospects of VNQ over the next 4 years. I've seen real estate pick up a lot where I live in coastal Georgia. I'm thinking of picking up a few shares of VNQ on Monday.
I believe that VNQ will rise 10-15 % in 2015. When interest rates rise in the second quarter, people will rush into the real estate market and the REITS will go up. The people that wait for the last minute will realize that home prices are going to rise in the new year.