Trillade över denna artikeln häromdagen:
som jag tycker är läsvärd.
Don’t waste time on investing.
Retirement isn’t the goal.
Money buys limited happiness.
Paying down mortgage debt isn’t the slam dunk it once was.
Start with the market portfolio.
Några av guldkornen som stack ut för mig:
In the early 2000s, I thought endlessly about how to structure a portfolio, including how much to keep in bonds, what mix of U.S. and foreign stocks to own, whether to tilt toward value and smaller companies, if alternative investments such as real estate, gold and commodities made sense, and which specific funds to buy.
I’m not saying these issues aren’t important. But today, I’d suggest making a decision and moving on, knowing we’ll never get it exactly right and that further tinkering will likely be counterproductive. What should we move on to? That’s where things get interesting.
While it’s hard to improve on a simple, diverse mix of index funds, there’s ample opportunity to improve other areas of our financial life.
samt
I’m no longer much interested in retirement, at least as traditionally defined. Instead, I see the overriding goal as financial freedom—meaning the freedom to spend my days as I wish without worrying about money. What’s the key to not worrying? In large part, it’s about feeling we have enough, which is less about a specific dollar amount and more about our willingness to be content with what we’ve accumulated.
och
My contention: Money does buy happiness, though far less than I once imagined. Instead, what money really does is allow us to avoid unhappiness—the unhappiness of poverty, of worrying about how we’ll pay the bills, of fretting over how we’ll meet our long-term goals. If we have sufficient money, we get to enjoy a great luxury—the luxury of not worrying about money.
samt
But today, I’d recommend starting with the global market portfolio—the collection of stocks and bonds that all investors worldwide collectively own—and then deciding what to subtract.
