Greg wrote: "Bogle suggested tweaking the formula by subtracting your age from 110 and owning that percentage of bonds. By this adjustment to the rule, I would invest 59% bonds and 41% stocks." In the first sentence, I think Greg meant "owning that percentage of stocks" because in the next sentence the resulting 41% in stocks is the difference between 110 and his age of 69. Otherwise, the percentage of less risky bonds would decrease as one got older.
Greg wrote: "Bogle suggested tweaking the formula by subtracting your age from 110 and owning that percentage of bonds." Using Bogle's formula as stated here would result in an increasingly lower percentage bond ownership as one grew older, thus increasing risky stock ownership with increasing age. I think Greg meant to write: "subtracting your age from 110 and owning that percentage in stocks" because he then states: "By this adjustment to the rule, I would invest 59% bonds and 41% stocks." 110-69=41, which is the percentage of stocks Greg says he should now own. I think the article should be edited to make this correction.
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Greg wrote: "Bogle suggested tweaking the formula by subtracting your age from 110 and owning that percentage of bonds. By this adjustment to the rule, I would invest 59% bonds and 41% stocks." In the first sentence, I think Greg meant "owning that percentage of stocks" because in the next sentence the resulting 41% in stocks is the difference between 110 and his age of 69. Otherwise, the percentage of less risky bonds would decrease as one got older.
Post: Not Staying the Course
Link to comment from September 20, 2025
Greg wrote: "Bogle suggested tweaking the formula by subtracting your age from 110 and owning that percentage of bonds." Using Bogle's formula as stated here would result in an increasingly lower percentage bond ownership as one grew older, thus increasing risky stock ownership with increasing age. I think Greg meant to write: "subtracting your age from 110 and owning that percentage in stocks" because he then states: "By this adjustment to the rule, I would invest 59% bonds and 41% stocks." 110-69=41, which is the percentage of stocks Greg says he should now own. I think the article should be edited to make this correction.
Post: Not Staying the Course
Link to comment from September 20, 2025