5 Investing Challenges for 2024 + My Portfolio Review

As we bring 2023 to an end, today's video will give you 5 investing challenges for 2024 that can make you a better investor. I'll also walk through my portfolio, including my asset allocation and list of investments.

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#2024 #investing #robberger

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.

[Fiery-Cat-Art]

Love the tagline- “Best thing money can buy is financial freedom.”

[brianmasiello]

Rob, from one FA to another, you are by far the most logical and informed voice on the internet on the topic of investing/financial planning. Keep up the great work!

[spyridon]

Helpful grammar hint: If you can count them out (1, 2, 3 basis points) you use 'fewer'. If it's non-countable (sugar, inflation) it's 'less'.

So you got it right Rob! Your Mom is proud of you, 100%.

[jaymetheaccountant]

Good transparency Rob - practice what you preach. Looking forward to a successful 2024!

[jamesflick]

Thanks Rob, great video. My pre tax portfolio is 60/40 composed of VTI, VXUS, BND and BNDX. I sold all of my individual stocks in favor of this. Promotes lower taxes, massive diversification and low fees. Roth consists of VXUS and VXF. After tax account holds VUG and VTI. My 401 is composed of State Street funds. I will turn 63 in January. Intend on retiring in May of 2025. Great thing is that our SS and pensions will more than cover our expenses.

[JosephDickson]

As a Boglehead I only need an index card to track my portfolio. 😉

[TeaTimeRetirement]

Thanks for sharing what you currently have invested. I think it would be interesting for you to do a video on what funds you would pick if you could start over again.

[Kep]

I did some of these a couple days ago to simplify my roth and HSA. Thanks Rob for your help, you're a truth teller.

[lesliem]

Inspired to set my financial planning goals for 2024 now, thank you!

[denniskirschbaum]

Thank you, Rob. It was very interesting to see how your investments are allocated and a good reminder that in spite of having an ideal model that we might create if we were designing from the ground up, life gets messy and we end up with investments that we might not buy today, but we can't sell for tax or other reasons. And that is ok! It is the big picture that matters not the tiny details. Your content is always thought provoking and easy to understand while being nuanced. Best wishes for a happy and prosperous new year!

[rick_vv]

Great that you share your portfolio and allocations and your rational. I have some of the same ETFs. It would be good to see more in terms of asset locations (IRA, ROTH or brokerage) and tax reasons for locations. Since I am in retirement (2.5 years), I prefer not to own individual stocks due to risk management. My only individual stock is from my prior employer options/grants which I am divesting slowly as I manage my taxes and ROTH conversions.

[melblacke]

i follow a few people on youtube and what i like about Rob is that he does an excellent job communicating his points and illustrating his concepts. I also like that he makes his own spreadsheets.

[dwights]

Rob, your mild-mannered video presentations are so great to watch rather than the know-it-all attitudes from so many YouTubers out there. You also have way more nerve than me as to equity exposure (but I'm 69 and not taking Social Security yet). Did you maintain that equity exposure throughout the 2008-2009 period? If you did, you're much tougher than me!

[diogenesaraujo]

Thanks for your time and for sharing your knowledge and experience. I enormously appreciated it.

[bencarter]

Your mom is correct. Fewer is used when referring to something in units. Less is used otherwise. Fewer stocks, eggs, marbles, quarts. Less money, oil, water, etc.

[chislands]

Great content! Just came across your channel.

[richardm.]

Excellent video. . Challenge #2 accepted: Your expense ratio (0.03%). I failed challenge #3, since I sold some lower yielding funds ( div yield) for higher yielding funds.

[franjwag]

Thanks Rob. This is very useful. I’m wondering about the safest of linking accounts to Empower.

[daveschock]

Question for Rob and the group. I'm about a year from retirement. I rebalanced from an 80/20 to 70/30 last September. Instead of buying bonds during the rebalance, I bought a money market fund to ride out the bond market. I assume at some point I should get back into a bond fund. The question I have is how to decide when to switch from my money market fund to the bond fund.

[hanwagu]

I've rethought the whole separate international allocation, simply because your broad based funds have sufficient international exposure. For example, the top 10 holdings in VTI are all international companies, so I think having a separate international allocation means you are overweight there. Even if you consider "domestic" companies, I think what we've seen during COVID with supply chain crunch, China's monopoly on REM processing, etc, even "domestic" companies inherently have international exposure.