Hey Bill! That's an interesting comment! Specifically, the fact that vanguard feels that about 35-40% of equity should be involved internationally! I actually followed that advice on my own and like you have not been that impressed! Curiously, if you look at asset allocations at other big investing firms like fidelity and tiro price, they also feel that a significant portion should be given to international equities! I guess it's the return to the mean formula that guides this! Stuart
This is a really remarkable article! Except for the fact that this is a different author I thought that I wrote the article! By that I mean... I grew up in very modest means. My mother was a single parent in the late 1950s! My plan early on was to get married and have a couple of kids... Sadly it did not happen! I I can't imagine not working and since I thought I would marry I habitually saved! I didn't really deny myself anything, but just like this author, I drive two rather old cars! My total portfolio value including retirement accounts is very comfortable.. and I still spend very modestly! I've never owned a new car lol! Anyhow, my medical school Alma Mater Should do very well at the time of my passing. Keep up the great work on this! Amazing site!
Comments
Hey Bill! That's an interesting comment! Specifically, the fact that vanguard feels that about 35-40% of equity should be involved internationally! I actually followed that advice on my own and like you have not been that impressed! Curiously, if you look at asset allocations at other big investing firms like fidelity and tiro price, they also feel that a significant portion should be given to international equities! I guess it's the return to the mean formula that guides this! Stuart
Post: A Time to Spend
Link to comment from January 13, 2024
This is a really remarkable article! Except for the fact that this is a different author I thought that I wrote the article! By that I mean... I grew up in very modest means. My mother was a single parent in the late 1950s! My plan early on was to get married and have a couple of kids... Sadly it did not happen! I I can't imagine not working and since I thought I would marry I habitually saved! I didn't really deny myself anything, but just like this author, I drive two rather old cars! My total portfolio value including retirement accounts is very comfortable.. and I still spend very modestly! I've never owned a new car lol! Anyhow, my medical school Alma Mater Should do very well at the time of my passing. Keep up the great work on this! Amazing site!
Post: A Time to Spend
Link to comment from January 13, 2024