I’ve said it before—my point is that there are no good general-purpose universally-applicable recommendations for personal investing. They do not exist.
Certainly there are not-horrible recommendations. Investing in VTSMX is one of them. Putting your money into T-bills is another one. Putting it into TIPS is yet another one. Putting it into a 50-50 mix of high-grade corporate bonds and Russel 3000 is yet another one. Etc., etc.
All of these are not horrible. But none of them is particularly good or a good fit for everyone.
It’s like asking “what kind of food should I eat?” There are many not-horrible answers to it, starting with “follow the US government’s food pyramid”. But it’s not a particularly good answer and there is no single universal answer. People are too different for that. Same with investing—no generic answer is good enough.
However I agree that this particular chain of exchanges got too long. Your arguments seem incoherent to me and, no doubt, mine seem obtuse to you. If I get to writing a post on introduction to thinking about investing this conversation might continue...
I’ve said it before—my point is that there are no good general-purpose universally-applicable recommendations for personal investing. They do not exist.
Certainly there are not-horrible recommendations. Investing in VTSMX is one of them. Putting your money into T-bills is another one. Putting it into TIPS is yet another one. Putting it into a 50-50 mix of high-grade corporate bonds and Russel 3000 is yet another one. Etc., etc.
All of these are not horrible. But none of them is particularly good or a good fit for everyone.
It’s like asking “what kind of food should I eat?” There are many not-horrible answers to it, starting with “follow the US government’s food pyramid”. But it’s not a particularly good answer and there is no single universal answer. People are too different for that. Same with investing—no generic answer is good enough.
However I agree that this particular chain of exchanges got too long. Your arguments seem incoherent to me and, no doubt, mine seem obtuse to you. If I get to writing a post on introduction to thinking about investing this conversation might continue...