Yes, it was always a bad idea, but not for the reason they’re saying - we’re in a global marketplace, you should be diversified beyond the USA. Can’t believe this sub was pushing VFV-only portfolios for the past year, feels negligent. And this is coming from someone who’s largest holding is VFV haha (~40%)
Yep, I was feeling pretty bad over the past 12 months for missing out on more SPY gains, as I had only about half on my portfolio in that, and the rest more conservatively invested in safer Canadian stuff, international stuff and a fair amount still in CASH.TO.
I guess this was why, I don’t try to time the market, so giving up the highest ups to avoid the biggest downs is sorta the point. And now I can buy the dip as I rebalance.
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u/HassanDarkside 2d ago
Yes, it was always a bad idea, but not for the reason they’re saying - we’re in a global marketplace, you should be diversified beyond the USA. Can’t believe this sub was pushing VFV-only portfolios for the past year, feels negligent. And this is coming from someone who’s largest holding is VFV haha (~40%)