So that was the rub. That the best chance for long-term growth and financial freedom is a well balanced portfolio that minimizes fees and taxes but t… - Tony Robbins
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So that was the rub. That the best chance for long-term growth and financial freedom is a well balanced portfolio that minimizes fees and taxes but that comes with risk.
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Tony Robbins
Anthony Jay Robbins (born Anthony J. Mahavoric; February 29, 1960) is an American author, coach, speaker, and philanthropist.
There are no real successes without rejection. The more rejection you get, the better you are, the more you've learned, the closer you are to your outcome... If you can handle rejection, you'll learn to get everything you want.
Asset allocation, where to park your money and how to divide it up, is the single most important skill of a successful investor. And as we will learn from the masters, it’s not that complicated! Low-cost TDFs might be great for the average investor, but you are not average if you are reading this book!
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So in my total portfolio, including both my personal and retirement accounts, about 60% of my assets are in stocks, mostly in Vanguard’s stock index funds.