Hi, folks. After reading (again) Taylor Larimore's thread about the 3-Fund Portfolio, longinvest's about the one-fund portfolio, and many other threads, I have made several decisions and landed on the portfolio that suits me best as I enter retirement. Most of my spending needs will be met by Social Security and a small pension, so my investment portfolio will be mostly inherited by my kids and grandkids, and/or meet any unforseen needs of my own.
Here are some guiding principles that lead me to the portfolio:
1. Taking risks on the stock side, while avoiding them on the bond side.
2. Avoiding tilting, US bias, etc. Own the whole world market.
3. Acknowledging that inflation and/or interest rates could go up or down, and the dollar could be stronger or weaker, and I have no idea which will happen when.
4. Acknowledging that Fed and politicians' decisions are beyond my control or forecasting.
5. 60/40 is a mix that I am comfortable with. Being able to ignore the news and the market and SWAN is highly valuable.
6. Keep it as simple as possible, but no simpler.
7. Keep it as low-cost as possible.
With all of that in mind, here is the portfolio. I am only posting to solicit opinions and/or suggestions. Thanks!
60% VT (Vanguard Total World Stock Market ETF)
20% VGIT (Vanguard Intermediate-Term Treasuries ETF)
10% VTIP (Vanguard Short-Term TIPS ETF)
10% GLDM (SPDR Gold Mini Shares Trust ETF) <-- Edited to change ETFs after greenrebellion's post below.
Here are some guiding principles that lead me to the portfolio:
1. Taking risks on the stock side, while avoiding them on the bond side.
2. Avoiding tilting, US bias, etc. Own the whole world market.
3. Acknowledging that inflation and/or interest rates could go up or down, and the dollar could be stronger or weaker, and I have no idea which will happen when.
4. Acknowledging that Fed and politicians' decisions are beyond my control or forecasting.
5. 60/40 is a mix that I am comfortable with. Being able to ignore the news and the market and SWAN is highly valuable.
6. Keep it as simple as possible, but no simpler.
7. Keep it as low-cost as possible.
With all of that in mind, here is the portfolio. I am only posting to solicit opinions and/or suggestions. Thanks!
60% VT (Vanguard Total World Stock Market ETF)
20% VGIT (Vanguard Intermediate-Term Treasuries ETF)
10% VTIP (Vanguard Short-Term TIPS ETF)
10% GLDM (SPDR Gold Mini Shares Trust ETF) <-- Edited to change ETFs after greenrebellion's post below.
Statistics: Posted by bikeeagle1 — Mon Oct 07, 2024 5:00 pm — Replies 3 — Views 260