Index Allocation Update

As I mentioned before, I'm finally getting serious about my overall asset allocation. I've made a bunch of balancing trades over the last week and I want to start regularly reporting my portfolio's allocation and its performance. I'll show the asset class, my current allocation, my target allocation and Index Investor's allocation:

Asset Class	Current	ER Policy	II Policy
Cash	2.4%	2.5%	0%
Commodities	9.4%	10%	12.5%
Domestic Equity	46.2%	50%	52.5%
Domestic Real Estate	4.9%	5%	0%
Emerging Equity	11.9%	10%	10%
Equity Market Neutral	9.9%	5%	5%
Foreign Equity	5.8%	5%	5%
Foreign Real Estate	7.4%	7.5%	7.5%
Timber	2.1%	5%	7.5%

I did not include my employee stock options because I haven't decided if they fit into one of these asset class nor have I decided whether I should value them at their 'in the money" value or their underlying value.

In early March, I'll post my portfolio's performance as compared to various benchmarks including Index Investor's portfolio.