The book lays out five steps to investing your money, from opening a brokerage account to buying index funds.
For example, the Vanguard Total Stock Market Index is represented as VTSAX.
30% Vanguard Total Bond Market Index Fund (VBMFX)35% Vanguard Total Stock Market Index Fund (VTSMX)35% Vanguard Total International Stock Index (VGTSX)As you can see, he recommends roughly one-third in an international stock index fund, another third in a domestic index fund, and a final third-ish in a domestic bond index fund.
(I have a lot of working years ahead of me and the stock market is currently going nuts, so I've opted for 90% stocks and 10% bonds.)
Once you're set up, you need to adjust your ratios just once a year, letting your money work for you instead of the other way around.
Persons:
Andrew Hallam's, it's, —, She'd, Hallam, let's, VTSAX, It's, you'd, What's, I've
Organizations:
Service, That's, Hallam, Vanguard, Index, Market Index
Locations:
VTSAX