Gyroscopic Investing

I have an employer based retirement account (TIAA/CREF) which severely restricts the allowed investments. Basically, I am limited to cash, medium and short term bond funds, many types of stock funds including S&P500 and international funds and REITs. There is also a real estate business owned by TIAA/CREF that I can invest in but the total I can put in is limited in absolute terms (not percentage terms, although based on my total assets it amounts to about 15%).  There are no opportunities to invest in ETF's or individual stocks. On this very unpromising basis I am asking for help in distributing my assets is a way which best approximates HB's PP, maybe in philosophy only. Perhaps this is a hopeless request, but there must be others out there in a similar position and a discussion of our options would be much appreciated.  Thanks in advance,  Nic

nic,

Crappy situation... How much wealth do you have outside of that account as a percentage of your total investments?

That could be one easy way to get into gold.

LTT's are pretty tax inefficient, so if you can get some into a Roth or Traditional IRA that'd be great... I guess your cash/LTT portions could be combined into what appear to be the SAFEST of your short/med term bond funds available.

A treasury one would be great.

Could you see if you can roll that account over into an IRA?