I agree. I would rather take my advice from Vanguard vs arm chair experts.happytrades wrote: ↑Mon Jun 17, 2019 10:06 pmI have spent 10 years on this site. For a laymen, I am pretty well informed. Read lots of books. The funny thing is I have decided to go with a simple vanguard portfolio allocation to the extent that I can. I can't do it completely because of imbedded capital gains in other investments. Overall, my results have been pretty good. But here is the thing. Unless you are obsessed with these issues, there are better ways to spend your time. I came to this personal realization to adopt the asset allocation of one of the life strategy portfolios. I figured that the people at Vanguard are much smarter than me and that if I followed a low cost portfolio that they have adopted, I would do pretty well -- much better than the vast majority of investors that are searching for the perfect portfolio.
I think it was said by a 19th century German general that the enemy of a good plan is dream of a perfect plan.
What do you know that the specialists at Vanguard don't know?
Do yourself a favor, pick something that is simple and that will allow you to sleep at night, and focus on other things.
I sleep well at night now. I know I won't be hand wringing when international will start to out perform. I'll still be sleeping well with a smirk on my face.