FYI: Among the questions asked of my July 4 column about Taylor Larimore’s three-fund portfolio was its historic performance. How would investors have fared had they implemented that idea 20 years ago?
Easy to answer, particularly with Morningstar Direct’s handy-dandy hypotheticals tool. (If you need to ask Direct's price, the product is not for you.) But, without context, not very instructive. Comparisons make the statistics relevant. Which investment decisions were favorable, and which were not? Can we draw lessons from the experience?
Regards,
Ted
https://www.morningstar.com/articles/872493/diversification-asset-allocation-and-rebalancing.html
