By Investment U Research Team Warren Buffett is oft-regarded as one of the most intelligent investors to ever do it. He’s been very vocal about choosing an indexed approach to investing, calling it his 90/10 strategy. What is the 90/10 strategy? According to Buffett, it’s a portfolio allocation rule wherein you delegate 90% of your portfolio to low-cost index funds and 10% to short-term government bonds. Buffet cites this strategy as a cornerstone of long-term investment stability.
For many investors, the 90/10 strategy doesn’t seem all that exciting. That’s because it’s not! In the words of another very wise investor, Paul Samuelson: “Investing should be …read more