I feel the S&P 500 index is enough International exposure for me, since many US companies are diverse as much as 50% international. And yes, I go with Bogle and Buffett, however Buffett has a significant investment in Japan as of late. At 77 years old I put my money on US.
I have been working on this question for the past 5 months since my sudden (read that as let go after 20 years) retirement. I have settled on an allocation of 70/30 with the equity portion 60% SPY and 10% VEU. The remaining 30% is 25% Bonds and 5% Cash (drawing 4.73% currently). Will see how that looks in 6 months and then adjust if needed. Really am trying not to overthink this.
I am sticking with Bogle and Buffet, and will get my international market exposure via US multinational companies. It has served me well for nearly five decades and eliminates forex concerns.
“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.”
I assume that’s a quote from Bill’s book and relates to your comment just below. That 18% foreign stock out of the total portfolio works out to 30% of the stock portion. Vanguard Total World Stock Index Fund — my largest single fund holding — is currently at 41% international. That doesn’t strike me as a huge difference.
I feel the S&P 500 index is enough International exposure for me, since many US companies are diverse as much as 50% international. And yes, I go with Bogle and Buffett, however Buffett has a significant investment in Japan as of late. At 77 years old I put my money on US.
I have been working on this question for the past 5 months since my sudden (read that as let go after 20 years) retirement. I have settled on an allocation of 70/30 with the equity portion 60% SPY and 10% VEU. The remaining 30% is 25% Bonds and 5% Cash (drawing 4.73% currently). Will see how that looks in 6 months and then adjust if needed. Really am trying not to overthink this.
I am sticking with Bogle and Buffet, and will get my international market exposure via US multinational companies. It has served me well for nearly five decades and eliminates forex concerns.
“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.”
I assume that’s a quote from Bill’s book and relates to your comment just below. That 18% foreign stock out of the total portfolio works out to 30% of the stock portion. Vanguard Total World Stock Index Fund — my largest single fund holding — is currently at 41% international. That doesn’t strike me as a huge difference.