The chapter delves into the value of customizing asset allocation for individual financial situations and managing a FIRE portfolio. Speakers share experiences and insights on the complexity of designing portfolios tailored to personal preferences and long-term 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.