linter wrote: ↑
Tue May 19, 2020 9:22 pm
I'm 65 and struggling to find a way to structure my assets for retirement.
I see that you have already created a thread in the Personal Investments forum to get help with your personal portfolio. I have replied to your VPW question in this post
of your personal portfolio thread and I invited other members to help you select the most appropriate portfolio for you
based on your own personal circumstances and beliefs.
This thread is of a general nature. It's about using a good-enough
portfolio composed of a single identical globally-diversified all-in-one index fund (LifeStrategy fund, Core Allocation ETF, or Target Retirement fund) in all accounts.
This thread isn't about concentrated funds that outperformed in the past
. The Vanguard Wellesley Income Fund Investor Shares (VWINX) doesn't qualify for this thread; it's an active fund which allocates about one-third to stocks and two-thirds to bonds. As of April 30, 2020, it only holds 65 US stocks and 1,169 US bonds. There are many other threads
to discuss it.
As I wrote, this thread is about good-enough
portfolios. The Vanguard LifeStrategy Conservative Growth Fund (VSCGX) is a low-cost 40/60 stock/bond index fund which holds 10,981 global stocks and 15,573 global bonds as of April 30, 2020. Such a broadly-diversified fund will deliver average returns
every single year. As a result, it will never
be the worst-performing 40/60 stock/bond fund. It's an excellent fund to reliably
get good-enough returns.