eta2020
Thinks s/he gets paid by the post
- Joined
- Sep 13, 2013
- Messages
- 1,248
What do you think it takes to be a successful Investor.
In my opinion all it takes is discipline. Having plan and sticking with it. For example plan 50% VTI 30% VXUS 20% BND rebalanced on each Jan 1st. That is it. No brain... One can be a monkey but it requires iron discipline to execute.
It looks to me it is as simple as that yet for 95% of people this is impossible to do. Right now for example there is big idea to have more international exposure .... so plan 50% 30% 20% would have to be abandoned .... People loose the believe in their plan make new plan chase latest big thing and there lies a failure to do well
In my opinion all it takes is discipline. Having plan and sticking with it. For example plan 50% VTI 30% VXUS 20% BND rebalanced on each Jan 1st. That is it. No brain... One can be a monkey but it requires iron discipline to execute.
It looks to me it is as simple as that yet for 95% of people this is impossible to do. Right now for example there is big idea to have more international exposure .... so plan 50% 30% 20% would have to be abandoned .... People loose the believe in their plan make new plan chase latest big thing and there lies a failure to do well
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