Our Portfolios follow a simple recipe: Partnership with the best that Vanguard has to offer and patience with the vagaries of the markets. The results of that recipe can be found on the Model Portfolio tab.
Of course, Dan and I have tweaked the recipe’s ingredients—the individual funds and managers we trust—as well as the proportions—how much we allocate to each—over time. Last week I answered some common questions about the Portfolios and reviewed their performance history. This week I wanted to discuss the recipe’s ingredients as they currently stand.