Comment

Comment on Robinhood admits it’s just a gambling app.

Bogleheads three fund portfolio (total US stock + total world stock + bonds) is very simple yet will beat most actively-managed portfolios over the long run.

This is right. But you don’t really need the ‘total world stock’. I reduced my allocation of that to 2% because it was dragging down my returns.

source

Sort:hotnew top

dan@upvote.au ⁨2⁩ ⁨weeks⁩ ago
The point of the worldwide stock is to reduce risk in case the US has a recession, as not all other countries will be affected by that. The aim of the Bogleheads three-fund portfolio is to be reasonably balanced in terms of risk vs reward, which is why it includes bonds too.

If you’re not risk-averse then 100% US stock is fine.

source
- btaf45@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
  
  The point of including worldwide stock is to reduce risk in case the US has a recession, as not all other countries will be affected by that.
  
  This seems to be generally no longer true.
  
  source