this post was submitted on 30 Jun 2023
4 points (100.0% liked)

FIRE (Financial Independence Retire Early)

1139 readers
1 users here now

Welcome!

FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.


Flow Charts:

Personal Income Spending Flow Chart (US)

Personal Income Spending Flow Chart (Canada)

Finance Flow Chart (UK)

Personal Income Spending Flow Chart (Australia)

Personal Finance Flow Chart (Ireland)


Useful Links:

Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

The Earth Awaits


Related Communities:

/c/[email protected]

/c/[email protected]

/c/[email protected]

/c/[email protected]


founded 1 year ago
MODERATORS
 

Many people around me are saying US based index funds is enough coverage to FIRE but I want to know if it's worth diversifying even more, maybe 10-20%?

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 5 points 1 year ago (1 children)

Yes, I do. There are a lot of massive companies that are not covered in the US based index funds (Samsung, Nestle, Toyota, Unilever, etc). Why would I want to leave them out of my portfolio over others? I personally target 25% of my portfolio for ex US.

[โ€“] Sniffy 1 points 1 year ago

Oh good point about those companies. Though I think those massive companies do have major branches in the US too, so the economies are interlinked anyway. US has been outperforming International for awhile which is why I'm a little hesitant about rebalancing my portfolio.