Truer words were never spoken! I wish you'd been at the NYC meetup. The topic of this thread constituted a big part of the conversation.Tyler wrote: Good for you, MG. I agree -- at some point the marginal benefit of constantly trying to tweak performance simply becomes not worth the effort. The PP is perhaps the best foundation you can find for consistent results with minimum effort. Build around it with your VP if you like, but let it do its thing. If you're worried about downside risk, turning your primary focus to factors more in your control (like earning more and spending less) will ultimately have a much larger ROI than almost any investing tweak you can come up with.
I suppose that corollary #1 is that all of us need to spend less time posting on this form, which has pretty much a zero ROI, but it's just way too much fun and educational.
And, I continue to marvel at the robustness of the PP's deceptively simple construction, and how it is actually a total asset/financial management plan masquerading as an asset allocation. It's so tempting to mess with it because it looks so simple minded, but in fact it's anything but. It's sort of like a Jenga game where you can't take out any more logs without collapsing the structure.
