Bogleheads® on Investing co-host Jon Luskin interviews Peter Lazarov, author of The Perfect Portfolio, about building an investment portfolio you can stick with for decades. They discuss how investment strategies should evolve as life circumstances change, why investors shouldn't count on a future inheritance, and how to assess risk tolerance by examining past behavior rather than relying solely on questionnaires. The conversation also explores index versus factor investing, the relationship between interest rates and bond fund returns, and the trade-offs between individual bonds and bond funds. Finally, Peter explains why he invests his own money in a single, globally diversified all-in-one fund, reinforcing the importance of simplicity and staying the course.
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Jon Luskin, CFP®, a long-time Boglehead and financial planner, hosts this episode of the podcast. The Bogleheads® are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.
Since 2000, the Bogleheads® have held national conferences in major cities across the country. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.
This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.
Show Notes:
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by Jack Bogle
https://www.amazon.com/Little-Book-Common-Sense-Investing-dp-1119404509/dp/1119404509/
Ben Carlson on Inflation, Investing, and Why Less Is More: Bogleheads® on Investing Episode 97
https://boglecenter.net/ben-carlson-on-inflation-investing-and-why-less-is-more-bogleheads-on-investing-episode-97/
Ben Felix on Simplicity, Private Equity, Factor Investing, & Living a Good Life: Bogleheads® on Investing Episode 95
https://boglecenter.net/ben-felix-simple-investing/
The "Easy" Button for Investing
https://www.youtube.com/watch?v=TYLWfC4fijo
Save Taxes with All-In-One ETFs with BlackRock’s Jay Jacobs: Bogleheads® on Investing Episode 93
https://boglecenter.net/save-taxes-with-all-in-one-etfs-with-blackrocks-jay-jacobs-bogleheads-on-investing-episode-93/