A gone-fishing portfolio has a limited number of investments with a balanced asset allocation that should do well with dampened volatility. Its primary appeal is simplicity. A secondary virtue is that it avoids the worst mistakes of the financial services industry.
This portfolio uses all TD Ameritrade no-transaction fee exchange-traded funds. It is an updated version of the previous 2018 portfolio which we issued in late October.
TD Ameritrade is custodian to some Health Savings Accounts. For a Health Savings Account, we recommend setting the asset allocation to 100% stocks according to “An Asset Allocation For Your Health Savings Account.”
We recommend this gone fishing portfolio for accounts hosted at TD Ameritrade. We also have custodian-specific portfolios for Vanguard and Schwab as well as our default Marotta’s 2018 Gone-Fishing Portfolio.
You can read about the changes from last year in our article “Marotta’s 2018 Gone-Fishing Portfolios“.
Photo by Danielle MacInnes on Unsplash