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Two-Decade Portfolio Consistency
- Dr. Jim Dahle and his wife set their portfolio in 2004 and barely changed it for nearly 20 years.
- They keep a written investing policy and use it for decades with minimal tweaks.
Start With Goals And A Simple Allocation
- Set clear financial goals before picking investments so allocations match purpose.
- Develop an asset allocation, implement it with simple funds, and rebalance annually to sell high and buy low.
Implement With Single Broad Funds
- Use broad, diversified index funds to implement major allocations when possible.
- Keep one fund per asset class when it covers the exposure, like Total Stock Market for US equities.