Last week, Morningstar writer Christine Benz wrote a piece entitled Four Investment Rules To Ignore in which she details investment “rules” that may seem logical at first glance but are actually counterproductive.  It’s all pretty standard advice except for the third point.  According to Christine,
“…an individual’s assessment of his or her risk tolerance should play second [...]

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The science of asset allocation gets a lot of attention in the personal finance realm but it only tells part of the story.  In an ideal world, there would be no taxes or transaction costs, so asset allocation would be the only game in town.  You’d simply divide your portfolio between the various asset classes and [...]

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I’ve received a few emails asking about my personal IRA allocation.  As my balance grows larger, I will probably add another asset class or two such as foreign small/mid value and maybe some commodities exposure.  In any event, I’ve kept things fairly simple.  Here goes…

10% Vanguard 500 Index fund (VFINX)
10% Vanguard Value Index fund (VIVAX)
10% [...]

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