Current Strategy    (Updated 8/8/08)

(Entry for 7/11/04) Recently, I have made a major change in my approach to investing. I originally followed John Bogle’s advice to invest in just one fund: the Total Stock Market index (TSM). However, as I was searching for a good a method to withdraw funds during retirement, I discovered the shortcomings to TSM. I now recognize that slicing TSM into its component parts (large-cap growth, large-cap value, small-cap growth, small-cap value), would better serve the retiree when withdrawing funds to meet current living expenses. This new approach is called ‘slice and dice’. I explain ‘slice and dice’ in greater detail here and here.