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How to Bake a Cake: An Asset Allocation Mashup | Rick Ferri & Paul Merriman | 134

Catching Up to FI

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Simplifying Investment Strategies

This chapter explores essential investment principles, emphasizing cost efficiency and the effectiveness of index funds. It advocates for a diversified asset allocation of U.S. and international stocks while cautioning against recency bias. The discussion also covers target date retirement funds, highlighting their benefits for effortless diversification and long-term performance.

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