Household Finance DemoDWhole-portfolio view across every account; Summit Investments is the action account. 2026-10-22.
| Asset class | Current $ | Current | Target | Drift |
|---|---|---|---|---|
| US equity | $49,000.00 | 30.8% | 45.0% | -14.2 pts |
| International equity | $26,000.00 | 16.3% | 20.0% | -3.7 pts |
| Bonds | $30,000.00 | 18.8% | 25.0% | -6.2 pts |
| Cash | $54,200.00 | 34.0% | 10.0% | +24.1 pts |
| Other / unclassified | $0.00 | 0.0% | — | — |
How to read this: a of 10.4% means a typical year swung roughly that far around its average. The of -12.3% (Dec 2025 → Mar 2026) is the worst peak-to-trough slide in the window — replayed on today's $159,200.00 invested, about a $19,582.00 paper fall before the recovery. A of 0.72 means the portfolio earned roughly that much return above cash for each unit of swing — higher is more pay for the bumps. The usual scale: below 0, the swings didn't even beat cash; 0 to 0.5 is thin pay; 0.5 to 1.0 is a decent trade; above 1.0 is excellent and rarely lasts. At 0.72 this mix sits inside the decent band. One holding dominates: Carter Broad Market Index (CARTERX) is 30.8% of the dollars, but its is 33.5% of the total, so the portfolio's ride is mostly that fund's ride. The red line is the path: each point is how far below the previous peak the portfolio sat that month.
| Holding | % of dollars | % of total risk |
|---|---|---|
| Carter Broad Market Index CARTERX | 30.8% | 33.5% |
US equity: 30.8% of dollars / 62.0% of risk · International equity: 16.3% of dollars / 30.0% of risk · Bonds: 18.8% of dollars / 8.0% of risk · Cash: 34.0% of dollars / 0.0% of risk
Synthetic monthly return series for demonstration only.
| Mix | Ann. return | Ann. volatility | Sharpe | Max drawdown | $100k grew to |
|---|---|---|---|---|---|
| Current mix US equity 30.8% · International equity 16.3% · Bonds 18.8% · Cash 34.0% | 6.7% | 10.4% | 0.72 | -12.3% | $138,400.00 |
| Target mix US equity 45.0% · International equity 20.0% · Bonds 25.0% · Cash 10.0% | 7.1% | 10.9% | 0.69 | -14.0% | $141,200.00 |
What this shows: a replays the last five years at fixed weights. $100,000 in the current mix would have ended at $138,400.00; in the target mix, $141,200.00 — the target mix finished $2,800.00 ahead. In this window the target did not even calm the ride: of 10.9% against 10.4%, and a of -14.0% against -12.3%. Neither figure is a forecast: it is the same five years run through two different mixes.
Monthly-rebalanced fixed weights on CARTERX / CARTERI / CARTERB / CARTERC proxies. Synthetic monthly return series for demonstration only.
Carter Broad Market Index — Carter Broad Market Index · CARTERX
Largest single drift in the demo portfolio: 14.2 points under target.
Buys realize no tax.
Carter International Index — Carter International Index · CARTERI
Mildly under target; the same contribution stream fills it after US equity.
Buys realize no tax.
Carter Core Bond Index — Carter Core Bond Index · CARTERB
Hold — the gap to target closes through later contribution stages, not a sale.
No sale, so no tax.
Carter Treasury Reserve — Carter Treasury Reserve · CARTERC
The trim funds the equity buys; the $24,000–$42,000 reserve floor stays intact.
Treasury reserve sales realize no material gain in this demo.
Synthetic desk view: this trim comes out of a Treasury reserve, so there is no meaningful gain to tax in the demo figures — the move is tax-free for practical purposes.
| Asset class | Current (Summit Investments invested) | Target policy | HRP | Max-Sharpe |
|---|---|---|---|---|
| US equity | 46.7% | 50.0% | 45.0% | 62.0% |
| International equity | 24.8% | 22.2% | 20.0% | 18.0% |
| Bonds | 28.6% | 27.8% | 25.0% | 12.0% |
Demo model views (fictional). Proxies CARTERX / CARTERI / CARTERB / CARTERC, prices 2021-10-01 → 2026-10-01. HRP (no return forecast): vol 11.0%, return 6.5%. Max-Sharpe (forecast-driven): vol 13.5%, return 7.8%. Unconstrained HRP loads bonds and unconstrained max-Sharpe loads US equity — both are shown as views; the plan above follows the target policy.
Modifies the plan Plan line: Buy US equity (Carter Broad Market Index) · current $49,000.00 → target $71,640.00 · Δ +$22,640.00
Synthetic analyst note: the plan's one-step buy is sound on paper; staging it across two quarters of contributions reaches the same target without a sale.
Endorses the plan Plan line: Trim Cash (Carter Treasury Reserve) · current $54,200.00 → target $15,920.00 · Δ −$38,280.00
Synthetic analyst note: cash at 34.05% against a 10% target is the portfolio's largest single drift.
The analyst has not weighed in on this line yet (last analyst run Oct 22). This is the plan's computed action: buy $5,840.00 of Carter International Index — current $26,000.00 → target $31,840.00.
Decisions are view-only in this demo| Account | Owner | Value | Status |
|---|---|---|---|
| Joint Brokerage CARTERX $28,000.00 | Joint | $28,000.00 | Actionable |
| Daniel 401(k) CARTERX $65,000.00 | Daniel | $65,000.00 | Actionable |
| Maya 401(k) CARTERX $42,000.00 | Maya | $42,000.00 | Actionable |
| Carter Roth IRA CARTERX $18,000.00 | Joint | $18,000.00 | Actionable |
| Family HSA CARTERX $6,200.00 | Joint | $6,200.00 | Actionable |