No. of Recommendations: 0
As a 10-year non-professional investor, IMHO your plan looks pretty good overall. You might want to be a little more cautious with your stock investment plan....given you're just starting, you've only lived through the bull market, and your wife's concerns. Maybe a 50/50 or higher split between indexes and your self-directed account, assuming these are funds you won't be touching too much until retirement. When the balance reaches a certain level, find a private investment manager (charging no more than 1% of assets with low turnover) to take over decisions on say $100k, so that you are allocated in part to index funds, self-directed and managed. Put all the money in stocks, although manager should have some latitude to use bonds and convertibles. Good luck!
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