There are also plenty who only want US stocks. Samsung, Toyota, BMW, Total, LVMH etc are not in VTSAX, Fidelity calls your core jsutification a myth, Also one of his major points is that this keeps things simple. He's right. 80/20ing a diversified (intl and natl) stock portfolio with bonds is on the aggressive side for lots of people. I feel like people on this sub dont account enough for their own susceptibility to human psychology. Glad you found them useful. That said, buying and holding it as a sole passive investment is somewhat philosophically inconsistent with the tenets of passive investing that FI also claims to believe in, so I find it very strange that there are folks seriously advocating 100% as a strategy. Every single person who I helped in some way shape or form, failed, quit or decided day trading wasn’t worth it. Press J to jump to the feed. The first reason is that I plan to build an account that I can pass down to my kids. The second reason is I want to show the process of growth and challenges to my readers in real time, to hopefully, inspire others to be patient and responsible with the growth of their money. So, when self proclaimed guru day traders dangle their winnings in front of people and make it look easy (notice I said make it look easy) I want to explode with anger. I think the United States is an awesome place and I love living here. I wrote, “Yes I will continue to trade but I will be turning my efforts of trading and this blog Beyond Debt to a more responsible money growing and nurturing place.”. What about all the international companies that gain a huge share of their revenue from the US? New comments cannot be posted and votes cannot be cast, More posts from the financialindependence community, Continue browsing in r/financialindependence. Waiting for u/ALL_IN_VTSAX to enter the chat. Visa. "Your Money or Your Life" originally advocated going 100% on bonds IIRC. There are plenty of us who recommend holding both international and bonds. The more simple it is, the less you are tempted to fool with it. Backtesting shows, that VTSAX is still the fastest way to fire: https://github.com/user4847378942/FiBackTester. Feel free to reach out to me and I will see how I can help. The US is still pretty much the biggest single democratic (mostly) capitalist market, this will remain for the foreseeable future in this way. You can’t just be all in VTSAX. For new investors (like my 3 kids), you need a minimum of $10,000 to get started which may be a bit high. Amazon. JP Morgan Chase. It's a great fund as part of an asset allocation. If you have questions or comments I will continue to answer them honestly and to the best of my ability. Microsoft. I truly like reviewing, balancing and juggling the budgeting stuff that making monthly contributions will be added fun. medianet_crid = "567431234"; https://www.portfoliovisualizer.com/asset-correlations?s=y&symbols=VTSAX+VTIAX&endDate=02%2F05%2F2019&timePeriod=4&numTradingDays=60, https://github.com/user4847378942/FiBackTester. Your book changed my mental mindset on finance as well as my financial life. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Start a 14 … I understand that there will be highs and there will be lows and I understand that greed and fear play a big roll as to why people lose money in the market. Passive investing is the idea that you should buy and hold equities rather than speculate - so VT should actually be the passive investor's fund of choice (or VTIAX+VTSAX manually rebalanced to capital weighting). I am still young enough to build wealth and so I am building. The first reason is that I plan to build an account that I can pass down to my kids. My Millionaire Journey: I Put $50,000.00 in the Vanguard VTSAX Fund. Arguing the US v Intl. Equal weight US Equity, Intl Equity, US Bonds is my approach. And since we can't know the future, it's acceptable to conclude that reasonable minds can differ. They're saying it's unprincipled to always give it out as advice regardless of context, and to accept it as gospel without examining their own risk tolerance, In other words, it's not unprincipled advice itself, but our tendency to repeat and accept it without thinking is.
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