Is This The Cheapest Investment Portfolio Americans Can Buy?

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At Assetbuilder.com, I explain what the portfolio is and how you could build it yourself.

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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I’m happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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4 Responses

  1. Matt says:

    Andrew,

    Would you recommend a portfolio composed of ETF’s like this for someone who will be building their portfolio over the next 20 years by making monthly purchases? Would the cost of buying into the ETF’s outweigh their small expense ratio, and therefore make them an expensive alternative to an Index portfolio with an average expense ratio of 0.10%?

    Matt

  2. Matt says:

    Andrew,

    Yes, I am American.

    For people who have no experience with ETFs, but are familiar with Indexing, what are the main pieces of advice you would give them if they are thinking about going the ETF route. For example, I thought all transactions for ETFs were expensive, so they would only make sense when purchasing lump sums, but not with monthly dollar-cost averaging. But from your post I just learned that they don’t necessarily charge commissions on purchases. Are there any other big ideas to know before investing in ETFs?

    Matt

    • Hi Matt,

      I don’t know what you don’t know, so I can’t be sure what big ideas you may be missing. Keep diversified. Don’t chase yesterday’s winners. Rebalance once a year. Ensure you have both stock, bond and international ETFs. Here’s the link to my latest book which I think you’ll find invaluable. http://bit.ly/globalexpat

      Cheers,
      Andrew

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