Was in similar boat 20 years ago --- read for 6 months --
Winning the Loser's Game (Ellis) -- Bill Bernstein -- Against the Gods (very entertaining about risk - Peter Bernstein)
In regards to 100% equity investing --
Bill Bernstein has curves about risk/reward returns
80% stock has a long run return nearly the same as 100%
20/80 is "safer" than 0/100
You have "won the game" and should lean toward that kind of portfolio.
100% stock is for folks who have not "won the game"
Tax Managed Vanguard Funds should be high on the list
Tax Managed Balanced -- Tax Managed Capital Appreciation
Muni Intermediate Term Bond
Pick your comfort Stock/Bond/Cash %'s -- Make the investments -- then go and plan/live your life
Winning the Loser's Game (Ellis) -- Bill Bernstein -- Against the Gods (very entertaining about risk - Peter Bernstein)
In regards to 100% equity investing --
Bill Bernstein has curves about risk/reward returns
80% stock has a long run return nearly the same as 100%
20/80 is "safer" than 0/100
You have "won the game" and should lean toward that kind of portfolio.
100% stock is for folks who have not "won the game"
Tax Managed Vanguard Funds should be high on the list
Tax Managed Balanced -- Tax Managed Capital Appreciation
Muni Intermediate Term Bond
Pick your comfort Stock/Bond/Cash %'s -- Make the investments -- then go and plan/live your life
Statistics: Posted by brainstem — Sat Aug 24, 2024 5:28 pm