Cooking Your Own Food for Big Savings

Why Everyone Should Cook This should be a no brainer and probably shouldn’t need so much attention but unfortunately, it does. This is arguably the simplest and most implementable of all the saving strategies. However, the population of the United States continues to cook less, eat out more, and overspend on food as a whole, … Keep Reading

An Introduction to the 3 Fund Portfolio

VTSAX is my favorite investment vehicle. Whenever a friend or coworkers asks how to get started investing in stocks, the first piece of advice I will typically give is “put your money in VTSAX!” This is a pretty common piece of advice in the investing community. This advice is widespread because it’s good advice for investors just starting out. However, it doesn’t necessarily constitute a full investing strategy. This is especially true as your accounts start to grow. Let’s do an analysis to see where this advice holds merit and where it is lacking.

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Background on the 3 Fund Portfolio

The 3 fund portfolio is a book that I am taking from the bogle heads forum. the name bogle heads refers to the investing enthusiasts that can be found on their website. However, the name itself is a reference to John “Jack” Bogle, the founder and chief executive of The Vanguard Group, and creator of the first index fund.

The basic idea of the three fund portfolio is to allocate your money between three major index funds, VTSAX, VBTLX, and VTIAX. The ratio you allocate to each fund changes based on market conditions and your personal risk tolerance. These funds are all owned by Vanguard. However, other brokerages will have the same types of funds, which I will cover in a different article.

VTSAX is my favorite investment vehicle. Whenever a friend or coworkers asks how to get started investing in stocks, the first piece of advice I will typically give is “put your money in VTSAX!” This is a pretty common piece of advice in the investing community. This advice is widespread because it’s good advice for investors just starting out. However, it doesn’t necessarily constitute a full investing strategy. This is especially true as your accounts start to grow. Let’s do an analysis to see where this advice holds merit and where it is lacking.

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How to Embrace Frugal Living

Living Frugally isn’t easy. However, if you are truly determined to make the switch, you are sure to find it rewarding! You’re going to have to cut back on expenses, move some money around, and acclimate to a different “normal.” Take it slow, make baby steps, and never doubt your progress. Have patience with both with yourself and the process, and you’ll be living a happy and frugal life in no time!

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