Marotta’s 2020 Vanguard Gone-Fishing Portfolio Calculator

with No Comments

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, but a secondary virtue is that it avoids the worst mistakes of the financial services industry.

With recent changes, many custodians now have no transaction fees for buying exchange-traded funds (Charles Schwab, TD Ameritrade, Fidelity, eTrade, and more). This makes our default portfolio our best recommendation at many different custodians. Additionally, it eliminates the need for many of the custodian-specific portfolios we have crafted in the past.

Vanguard still has a transaction fee for buying and selling exchange-traded funds. For this reason, we are continuing to offer a Vanguard-specific mutual fund Marotta Gone-Fishing Portfolio Calculator. This portfolio uses all Vanguard mutual funds which have no transaction fee when purchased in a Vanguard account.

You can read about the changes from last year in our article “An Overview of Marotta’s 2020 Gone-Fishing Portfolios.”

Photo by Annie Spratt on Unsplash

Follow David John Marotta:

President, CFP®, AIF®, AAMS®

David John Marotta is the Founder and President of Marotta Wealth Management. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. In addition to his financial writing, David is a co-author of The Haunting of Bob Cratchit.