Thank you so much gentlemen for your time and effort to educate us out here who wish not only for our personal understanding but also benefit others going forward.I myself have really got the gold of what you have developed here and plan to implement what I can in my remaining years. I wish to impart this info to my children,immediate friends and future interested people. I believe what Daryl talked about is the crux of all your efforts. We need to understand ourselves and our capabilities of putting this in practice. As for myself I need to be able to make it a simple process to move forward. I am almost overwhelmed with all the options and some what paralyzed to make my move.Close to retirement I need to make it simple for me but mostly for my spouse to continue on When the dust of my life settles. I love all you do for us and will support you going forward as Your passion shows.
So true - you have to know yourself in order to be able to choose the right portfolio for you. Does not matter the portfolio if you can't stomach the ups and the downs.
The 2 Funds for Life is such a unique portfolio. Kudos to Chris for coming up with it. I think it rivals the Bolgehead's 3-fund lazy portfolio in simplicity and return.
So hard to find nice content like this. I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability
Beautifully said, I tell my folks these words everyday. It's good to save money but most people don't understand the market moves and tend to be misled in facts like this and always depend on money in the bank.
@Collins Markson Hey, this is a computer age. Peeps who aren't even traders make money from the crypto and forex markets ,how many millionaires do you know who have become wealthy by investing in savings accounts?
@Collins Markson My personal portfolio/investment manager; Mrs Rebecca Leigh Jones , after a whole week of research,she runs an investment platform where you don't have to undergo any stress in the trades, she manages my trading account which i opened with a capital of $3000 and now i have grown my portfolio up to over $6500, a huge success.
Thank you for the constant content you all put out! I prefer to emulate the UB&H portfolio so that I can capture broad diversification. The complexity and extra funds do not bother me. I like being technical and more involved.
Paul Merriman and Team, you rock! Knowledge that you provide is powerful. I am 75 years. Never invested in equities. But with the tools that you provide, I feel comfortable in considering equities for my 10 year old grandchild. I am looking at 40 year horizen for him following the dollar cost averaging path for him. Won't miss your podcasts and utube videos for anything.
Thank you all so much for taking the time and effort to put all of this together. God bless you all. What does "rebalancing" mean? I know some of your tables have the caveat of something like 'rebalancing annually', and you also mentioned "rebalancing" in the podcast.
Say you have a 50-50 ratio of stocks and bonds. If the stocks go up by more than the bonds, you might end up with a 60-40 ratio. Rebalancing is selling some stocks and buying more bonds to return to your original allocation percentages.
@@seanohara5754 Ah. So just moving money from one type of asset, like small cap international to something different like large cap international, etc?
@@jonathang5350 That's correct. It's selling/buying to return your portfolio to its original allocation. Like Sean said above: selling stocks and buying bonds, to get back to 50/50.
I am retired with a State Pension and will be drawing and supplementing my pension with Social Security. I am also a small investor and have been putting monthly contributions in a taxable account -Vanguard VTI( Total Stock Index) ETF. How would I balance it with another fund for diversification since I am contributing in a taxable account?
Hi Paul, thank you for sharing your knowledge. I have a question. I am using the Ultimate Buy and Hold strategy. Is it okay to have MGV as my large cap, or should I change it to something like VOOV?
Can you recommend a Vanguard Fund, for a taxable account, that's low risk, has a decent return and tax efficient for someone in the 22% tax bracket? Thank you kindly.
Know thyself. If you can stick with those three funds, you'll likely be successful. If two funds for life works best, or the UB&H, that's what you should do. The plan that works best is the plan that you stick to
@@antimagnet , agreed; thanks for the reply. The key is to try to minimize risk and about only way to do it is to diversify among US stocks and bonds and maybe toss in some International. I see stocks tanking today, SP500 was down I believe 1.16% last I looked. Bond yield was up so there is really no place to hide;possibly GLD, but I'm out of my leagues with commodities.
