Gyroscopic Investing

PS, not sure I will every "sleep at night" with whatever I do. I tend to second guess when advisors question why I might want LLT or gold right now. I think the suggestions posted here are as good as I will get.

Will probably do as you said, Mountaineer, at least with part of my assets. Would be easier than what I have now if I just committed to the PP for half of my assets and VTINX for the rest, my sort of super conservative variable portfolio.

I do trust many of you more than any advisor I have spoken to, and I feel more comfortable having had your continued advice (and a bit of hand holding). Thanks.

I originally put some funds into a Vanguard target retirement fund (2035) as something to compete against. I have to concede that it's easier to put money in there than into a single asset, or even four assets simultaneously, if you don't think about how the sausage is made.

Not exactly VTINX, but same idea.

BearBones wrote:Would be easier than what I have now if I just committed to the PP for half of my assets and VTINX for the rest, my sort of super conservative variable portfolio.

This sounds like an excellent plan, especially for accounts that are not PP-compatible. You can make those "set it and forget it" with the simple, one-fund approach, and then not even think about them until it's time to withdraw funds.

Is it the PP part that you're uncomfortable with? It does take some twiddling, especially buying the long bonds and gold, and figuring out what to do with new contributions. How are you handling these currently?

Bones,

It would also be interesting (and probably helpful) to know what your current AA looks like. When you say that you have a "a ton" of cash, does that mean that you have 50% or 60% in cash? If so, maybe you are just a cash kind of guy and it should just be invested in T-Bills. That was a Harry Browne recommendation for those who just weren't comfortable with other strategies.

Depending on your spending versus your assets, you might be able to coast through retirement just holding a lower percentage of the volatile assets.

In case you haven't seen it, Tyler wrote this excellent piece on cash:

https://portfoliocharts.com/2017/05/12/ ... -investor/

Agree with PS that money should be something that makes life easier and not harder. But I also understand from my own experience how analysis paralysis can drive one crazy. Fortunately we have this safe haven called the PP Forum where we can all get free therapy when needed! Best of luck to you.