My answer to your question is that we have not questioned how the money has been spent. Our attitude, as explained to both daughters, is that the money is a gift, which they can use as they see fit. I also explained to one that after we die, we will not know how they spend their inheritances, so we similarly are not concerned during our lives with how they spend the down payments or early installment payments of their inheritances. Fortunately, both are prudent and frugal with money, and we are confident that whatever they use the money for is a sensible expenditure.
Fair question. Roche’s target audience for his book and for his promotional efforts for his book may be the kind of investor who reads HD. Others may need help or may be well-advised to use a three fund approach or just invest in equities by using a total global ETF or fund.
Thanks for a great article that clearly explains the issues and outlines how you use each concept. Your differentiation of buckets and sleeves is most helpful.
Excellent article, especially quote from Robinson Thanks for the suggestion of FRDM. in 2024, I sold the shares we had in a Chinese company that had been spun off from a US company in which we owned shares. I did not want to continue owning a Chinese company with a China-based business Our current exposure to Chinese equities is limited to whatever may be included in the total international market fund in which we have shares.
TPA is a very interesting approach, but for an individual investor, it may be hard to implement it rigorously with its numerous factors. Even so, your balancing toward stability is a good way to use the TPA concept. Thanks for an interesting post
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My answer to your question is that we have not questioned how the money has been spent. Our attitude, as explained to both daughters, is that the money is a gift, which they can use as they see fit. I also explained to one that after we die, we will not know how they spend their inheritances, so we similarly are not concerned during our lives with how they spend the down payments or early installment payments of their inheritances. Fortunately, both are prudent and frugal with money, and we are confident that whatever they use the money for is a sensible expenditure.
Post: Helping Adult Children
Link to comment from February 8, 2026
That is what we do and for the same reason.
Post: Helping Adult Children
Link to comment from February 8, 2026
Fair question. Roche’s target audience for his book and for his promotional efforts for his book may be the kind of investor who reads HD. Others may need help or may be well-advised to use a three fund approach or just invest in equities by using a total global ETF or fund.
Post: Perfect Portfolio
Link to comment from February 7, 2026
Thanks, Adam. Excellent interview.
Post: Perfect Portfolio
Link to comment from February 7, 2026
Thanks for a great article that clearly explains the issues and outlines how you use each concept. Your differentiation of buckets and sleeves is most helpful.
Post: Sleeves or Buckets?
Link to comment from February 4, 2026
Good explanation and planning suggestions.
Post: Investments Tax
Link to comment from January 31, 2026
Excellent explanation and advice, Adam. Thanks.
Post: Misleading Indicator
Link to comment from January 31, 2026
Thanks for the interesting invitation. 🤔
Post: Retirement or Investment Content
Link to comment from January 18, 2026
Excellent article, especially quote from Robinson Thanks for the suggestion of FRDM. in 2024, I sold the shares we had in a Chinese company that had been spun off from a US company in which we owned shares. I did not want to continue owning a Chinese company with a China-based business Our current exposure to Chinese equities is limited to whatever may be included in the total international market fund in which we have shares.
Post: China Market Risk
Link to comment from January 18, 2026
TPA is a very interesting approach, but for an individual investor, it may be hard to implement it rigorously with its numerous factors. Even so, your balancing toward stability is a good way to use the TPA concept. Thanks for an interesting post
Post: CalPERS Adapts a Total Portfolio Approach
Link to comment from January 18, 2026