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by laactech
2145 days ago
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Bogleheads is a great resource, and I've used it to learn a lot about investing. However, they tend to be really conservative about investments. I think after reading their wiki, it's important to asses personal risk tolerance and determine your portfolio from there. Writing an investment policy statement is something bogleheads recommend doing which I would suggest as well. The statement helps guide investment decisions based on goals you wish to achieve. The most important part of investing is staying the course. Staying the course is hard in bad markets like 2008 or during the pandemic which is why accurately assessing your risk tolerance is so important. |
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