Securities in This Article<\/p>\n
Russel Kinnel: It\u2019s time to add to your IRA. When you\u2019re building your IRA portfolio, start with building out your core.<\/p>\n
3 Great Funds for Your IRAVanguard Global Wellington VGWAX<\/a>T. Rowe Price Dividend Growth PRDGX<\/a>Dodge & Cox Global Stock DODWX<\/a><\/p>\n You want to invest with solid, reliable firms that will be around in 20 years. So how about Vanguard and Wellington?<\/p>\n Vanguard Global Wellington has a targeted 65% equity and 35% bond mix. It\u2019s managed by Nataliya Kofman, a 19-year Wellington veteran. The fund\u2019s foreign exposure is 43%, so you get a nice globally diversified portfolio. Wellington\u2019s proven quite good at marrying a value portfolio with an investment-grade bond portfolio. You cover a lot of ground here and get sound, risk-averse management for an expense ratio of just 30 basis points.<\/p>\n Quality stocks work nicely because they hold up well in downturns and endure over time. T. Rowe Price Dividend Growth has a very high-quality portfolio. It seeks companies that are well positioned to grow their dividends because of their balance sheets, market position, and management. That\u2019s a formula for quality. Lately quality has actually been out of favor, so you would have the added benefit of likely buying near low ebb for quality if you buy this year.<\/p>\n Dodge & Cox Global Stock is another fund I expect to endure. It also serves as a great core holding. Dodge & Cox is an excellent firm where managers and analysts own the firm, but they have to sell their shares when they leave, so that\u2019s a model built for long-term success. This fund provides exposure to value stocks from around the world. They have to stand up to Dodge\u2019s thorough fundamental analysis and valuation discipline. We rate the fund Gold.<\/p>\n Watch 3 of My Favorite Active ETFs<\/a> for more from Russel Kinnel<\/a>.<\/p>\n The author or authors do not own shares in any securities mentioned in this article.<\/p>\n