Re:A Professor Who Was Right About Index Funds All Along
by mrwinalot on Saturday October 22, 2016 @11:05AM
(#12768940)
And what do you recommend for your mathematically inclined friends? Any books you recommend for asset allocation and rebalancing principles?
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Re:A Professor Who Was Right About Index Funds All Along
by n72 on Saturday October 22, 2016 @12:38PM
(#12769354)
Yup, I've written a brief primer to accompany my will: https://github.com/nickgieschen/investingguidelines
Re:A Professor Who Was Right About Index Funds All Along
by toephu2 on Saturday October 22, 2016 @05:35PM
(#12770680)
None, just put your money in an S&P 500 fund. I doubt you will be able to beat that in the long run anywhere else (Even though there are flaws w/ how the S&P 500 is run now [1]).
[1] http://www.joshuakennon.com/sp-500s-dirty-little-secret/
Re:A Professor Who Was Right About Index Funds All Along
by n72 on Sunday October 23, 2016 @06:52AM
(#12772956)
You can do better by diversifying more. By picking asset classes with a low correlation, you can reduce risk while increasing return. Hence, you can eek our more from a simple mix of say:
60% US 30% Int'l 6% REITs 4% Gold
All of this can be bought with low cost mutual funds.