r2i forum

I have done prior APP with one of the key expert in this forum. Been busy in last 2 years with work and college admission for my kid. Having gone
through turmoil in fixing my US bank account sitting in india for more than 3 weeks, it made me realize i need reorganize myself . That experience
made me more humble and shook me upto a great extent. Any way- that is a separate topic itself. I am rekicking myself to rebalance my portforio which was not done in last 2 years.

Desi and experts.

If you have time and some suggestions would really appreciate feedback.

Last week i have been reading (AAII, Fidelity, Morningstar, diehards and other forums) on market commentary and such. There is lot of information on expected marketing movement , and overwhelming news in US that we are end of business cycle in US and market may go in for stagnation or slowness (not R word anyway) for some time. I am member of AAII (Thanks to Desi - few years before he posted about AAII).

Let me write here what is my current portfolio allocation and help needed. I am reasonably knowledgeable (may be very little) and have my investments in india as well. I would need help on how to position myself for the next few years.
In bear market cycles read in AAAII chances are ETF's and MF (growth) allocation may go down as much to 50% or more. This got me worry with 2 kids are school/colleges.

My requirements are to rebalance my portfolio in US as i am out of US for more than 10 years - so not connected well. All have been in ETFs/Mutual funds in Vanguard/Fidelity. Risk profile: Moderate. Do not want to see portfolio drop to 50% in 1 year.

Allocation:
42% LARGE CAP US
13% SMALL CAP US
17% REIT US
23% DEVLOPED INTL
5% EMER INTL

100% Total

Observation Summary: Overwhelming everyone in US taking about Marketweight/overweight on Consumer Staples, Health care, Consumer Discretionary etc and some amount in Tech/Bio-tech. At the international level suggestions are to move to Germany, Italy and France and less on UK and other areas. At ASIA - Japan and China for sweet spots.

some of my ETFS include

ishares - growth/value (IWF/IWD)
ishares - EEM(emerging), FM
gugen -RSP
ishares -EFA
SPDIR -XLR

some of mutual funds include
fidelity - industrial,leverage stock, OTC PORT, CHINA Region
vanguard- FTSE, international growth, selected value, small cap, large cap growth/index

Questions;
- Is it time to move from Small Growth/Large growth to US value or International. If so which sector in US/international. some specific funds would be helpful
- ETFs - smart beta. what would be risks in moving to smart beta similar ETFs.

I have some info (not deep) but not lot. Any info on this to position portfolio would be helpful.

Thanks
srinivasan