Porfolio Suggestion

[mrc]

When I rolled over my 401k to IRA at the end of 2018, I did not immediately invest that amount assuming markets are high and will invest when correction happens.
It dis not happen and I patiently waited until 2020 March/April period, and invested half of it at those lows. It turned to be a good and lucky move.
I am sitting at good paper profits, and first time in my investment experience that my returns are beating index returns though all periods (YTD, 1, 3, 5, 10, and Inception).
I am patient invester and that always shows in my M* personal returns Vs theoretical fund returns, so I believe I am adding a bit of alpha with moves over the last 10 years.
My portfolio (retirement portfolio and I do not have any taxable investments) is tilted towards growth and that too large growth. I believe it is may be the right time to trim LG in my portfolio and invest relatively cheaper areas like LV/MV/SV either immediately (swap) or when opporutnity arises in the first quarter of 2021.

What are your thoughts?

My LG investments:

VWUSX - V'rd US Growth (bought in 2020 March lows)
VHCOX - V'rd Capital Opportunity (Long-term hold)
PRGTX - hoding it for the last few years, a small percentage of my portfolio
VWIGX - V'rd International LG
ARTTX - Artisan Focus fund (a small percentage of my portfolio, Investment Premise: investing in startup funds with good managers or good parent comapnnies). It did well on a risk-adjusted basis.
             I benefited in multiple Artisan funds like that. ARTYX for example

[Chahta]

We all keep waiting for value to come back but growth keeps chugging along. My value in the form of SCHD and VIG are sitting at their 5 year avg. TR right now so they have not done too badly. With your method you may want to wait for a correction to buy value.

[FD1000]

I don't believe in predictions and why I don't wait, nor I switch before it's really clear to me. 
Over the years we got similar cases to yours
1) I inherited a certain amount, what should I do?  I say invested all
2) Value, EM are coming back next year for years now, should I switch now? I say, wait until it's clear or at least switch slowly.
If you look at 3 months (chart), EM+Value(VTV) lead but if you look at one month(chart) growth is leading.

[chang]

Dec 30, 2020 0:29:25 GMT Chahta said:

We all keep waiting for value to come back but growth keeps chugging along. My value in the form of SCHD and VIG are sitting at their 5 year avg. TR right now so they have not done too badly. With your method you may want to wait for a correction to buy value.

I own the same. "Not done too badly" indeed! I think they're best of breed ETFs and great for taxable accounts.

[ignatz]

Dec 29, 2020 23:02:13 GMT mrc said:

 I believe I am adding a bit of alpha with moves over the last 10 years.


What are your thoughts?

I beseech you in the bowels of Christ think it possible you may be mistaken.

[mrc]

Ignatz,

Thanks for posting a response.

I am no way claiming that I have the skills to add alpha with market timining.
All I did is holding my Core funds for long and adding to them during corrections or bear markets. I beleive that could be the reason why my personal returns are better than the fund returns for most of my funds (source M* Personal Returns). For example, VDIGX, which I hold it since 2006. Its returns since inception (aka since I invested) is 10.52% annualized, whereas my returns is showing 13.07. Another fund that I hold more than 10 years is AKREX, its returns since I hold is 17.27, whereas my return is 17.80.

ARTYX: 22.28 Vs 27.68 (not a Core fund)
GPGOX: 16.20 Vs 17.95
VHCOX: 15.59 Vs 15.12 (where my personal return is less than Fund return)

I believe that my strength is my immense patience. Otherwise, I would not have put my rollover money in Money market funds around December, 2018 and patiently waited until this year's correctio during March/April. I don't know if I would have made more money by investing and then let it ride instead of putting that cash into action during March/April correction.