Annual Karas Financial Checkup

The annual Karas Financial Checkup is fast approaching.  Around this time of year I begin assessing the positive and negative aspects of our financial decisions of the past year and start thinking about goals for the upcoming year.

One of the many factors I look at is our current asset allocation and how it compares to our target asset allocation.  So far this year I have nailed it.  My goal over the very long term is to achieve 10% return.  If, at the end of the year, I find that a certain asset class ( i.e. large-cap stocks ) is outside my projected percentage, then I will begin to contribute more or less money to that particular asset class.