“Thus, if you have chosen a 60/40 overall stock/bond split, your mix—a balanced portfolio—looks like this:
42% total US stock market
18% total foreign stock market
40% total fixed income market That’s it. Done. Does this portfolio seem overly simplistic, even amateurish? Get over it. Over the next few decades, the overwhelming majority of all professional investors will not be able to beat it.”
In "The Investor's Manifesto", Bernstein advocates for an 18% allocation to foreign equities, much less than the percentage you favor. Care to comment?
Comments
Just wondering if commenter, Ray Giese, is the same person I used to enjoy working with many years ago? - Bill Goodykoontz
Post: Comfort Has a Cost
Link to comment from March 2, 2024
Thank you so much for your reply, Jonathan. I respect your thoughts highly and appreciate all of your help.
Post: What percentage of a stock portfolio should be invested abroad?
Link to comment from April 17, 2023
“Thus, if you have chosen a 60/40 overall stock/bond split, your mix—a balanced portfolio—looks like this: 42% total US stock market 18% total foreign stock market 40% total fixed income market That’s it. Done. Does this portfolio seem overly simplistic, even amateurish? Get over it. Over the next few decades, the overwhelming majority of all professional investors will not be able to beat it.”
Post: What percentage of a stock portfolio should be invested abroad?
Link to comment from April 16, 2023
In "The Investor's Manifesto", Bernstein advocates for an 18% allocation to foreign equities, much less than the percentage you favor. Care to comment?
Post: What percentage of a stock portfolio should be invested abroad?
Link to comment from April 16, 2023