• Portfolio Ideas to Build and Keep Your Wealth

  • Nov 28 2023
  • Length: 15 mins
  • Podcast

Portfolio Ideas to Build and Keep Your Wealth

  • Summary

  • Today we’re gonna look at the fun stuff. What, exactly, can we use to build and keep our wealth.

    JL is going to give you three portfolios each using the tools (funds) we discussed last time. First will be exactly what he tells his 20-year-old to do. She couldn’t care less about investing. With this simple approach she doesn’t have to. All she needs to do is to keep adding to the pot and let it ride.

    Years from now she’ll wake up rich.

    Along the way she’ll out-perform roughly 80% of the more actively engaged investors out there. We’ll call this The Wealth Building Portfolio.

    Next he’ll share with you what Mr. and Mrs. JL Collins do as the semi-retired couple they are. We’ll call that one The Wealth Preservation and Building Portfolio.

    Today’s episode is brought to you by Talent Stacker. If you’re stuck in a job you don’t like making too little money without any flexibility, it might be time to consider a change. Check out JL’s review here to see how Talent Stacker can help.

    Notes & Links:

    • Stock Series Part 6 blog post: https://jlcollinsnh.com/2012/05/12/stocks-part-vi-portfolio-ideas-to-build-and-keep-your-wealth/
    • Why You Need F-You Money: https://jlcollinsnh.com/2011/06/06/why-you-need-f-you-money/
    • Vanguard Total Bond Market Index Fund (VBTLX): https://investor.vanguard.com/investment-products/mutual-funds/profile/vbtlx
    • Blog post on international funds: https://jlcollinsnh.com/2012/09/26/stocks-part-xi-international-funds-2/
    • Background on index funds: https://jlcollinsnh.com/2012/01/06/index-funds/
    • VTSAX: https://investor.vanguard.com/investment-products/mutual-funds/profile/vtsax
    • VGSLX: https://investor.vanguard.com/investment-products/mutual-funds/profile/vgslx
    • VMMXX: https://investor.vanguard.com/investment-products/mutual-funds/profile/vmmxx
    • Blog post on why JL doesn't do REITs anymore: https://jlcollinsnh.com/2014/05/27/stocks-part-xxii-stepping-away-from-reits/ 
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