We added a new investment to our mix over last several months. Wife's Roth IRA was completely revamped with many new holdings, which included one mutual fund only a few months old.

Here are the new holdings (starting from Sep 2008):

T.ROWE PRICE GLOBAL TECHNOLOGY PRGTX
T.ROWE PRICE AFRICA & MIDDLE EAST TRAMX
T. ROWE PRICE EMERGING MARKETS PRMSX
T. ROWE PRICE FINANCIAL SERVICE PRISX
T.ROWE PRICE GLOBAL REAL ESTATE TRGRX
T. ROWE PRICE GROWTH STOCK FD PRGFX
T. ROWE PRICE HEALTH SCIENCES F PRHSX
T. ROWE PRICE NEW ERA FD PRNEX
T. ROWE PRICE SCIENCE AND TECHN PRSCX
T. ROWE PRICE VALUE FUND, INC. TRVLX

These investments are about 5-10% of our total portfolio (10k value of a portfolio valued at 120k). The porfolio gets 25% of our contributions (we contribute about 20k per year to retirement accounts, this account gets 5k).

The Global tech fund is her rollover. The rest are in her Roth (about 3k). The Africa and Middle East fund had the 2007 Roth and pre-September contribtions (about 1.3k).

We contribute $500/month to the Roth. The 8 funds get $50 each month. We then apply the other $100/mo to whichever we think outperform over next 3-5 years. For example we are contributing an extra $100 to both financial services and to the Global Real estate fund- expecting both funds to outperform soon. Once a fund appears to be appreciating we shift the overweight to a new fund.

The Global Real Estate fund is where most money gets rebalanced too. If any fund here returns in excess of 9%, the excess % gets sold into shares of Global Real Estate.

By my calculations all of these funds should have around 2k in them within 3 years ($600/year*3 years=$1800). At that point the overweight will be much more substantial (one fund might get all 5k for that year).

Based on my past investing experience, I can see when things are appreciating... so I know to buy something else when that happens (I remember seeing tech bubble in 1999 and wanting a health care fund for when tech "popped").

I am limited to the sectors T Rowe has funds in, but I am happy with every holding and would only look to add a transportation fund, a small cap/concentrated fund or a leisure fund.

Goal is to amplify returns by buying only what is low. Financials right now, real estate right now.

Ultimately the goal is 1/3 of income coming from my Roth through dividends, 1/3 of income from wife's Roth coming from real estate fund, and other 1/3 of income coming from cash and bonds in traditional IRAs and taxable accounts.