The chapter delves into strategies for optimizing asset allocation in FIRE portfolios, discussing the tax advantages of different investment locations, the significance of diverse opinions on asset allocation, and the importance of setting a firm retirement date based on portfolio dynamics. It explores the role of fixed income in managing market volatility, considerations for managing a portfolio during retirement, and the value of diverse investment options for risk mitigation and achieving financial goals.
Choosing how to divide your assets among stocks, bonds, and other investment vehicles is a good first step, but asset allocation also impacts your tax rate, portfolio performance, and long-term ease of maintaining it all. In part two, Eric and Jason dig further into their own portfolios from their respective sides of FI and discuss the role of bonds, risk, tools you can use to assess your portfolio and model performance, rebalancing, and an interesting - not often discussed - case for financial advisors.
**Watch Part 1 here: https://youtu.be/OJG8_qct4hc
**Note: This content does not constitute investment advice and is being presented for informational and educational purposes only.