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Simplest starting strategy, better than stock picking, which is what a lot of people assume is how investing works.
Not a bad idea if you're starting out, but I find the people really pushing it and lecturing others about investing to be quite annoying. It's not really a strategy, it's a lower risk allocation for long-term gains. Determining when to diversify beyond simple ETFs/MFs is challenging to a lot of people.
What do you consider the next wave of diversification outside of ETFs etc? Is it pushing to more speculative investments, single stocks, buying properties, investing in businesses, etc?
Curious for some perspective and when you think the ETF model starts to not scale appropriately
Would be a nice problem to have someday for me 😬
It was just easier to understand and less work having to continuously monitor it since ETFs like VTI are so diverse.