FYI: A reader recently raised an important question: Does an investor really need to own a lot of funds, or, can one still expect to obtain good results with a much more limited number of funds, or perhaps, even with as few as one? More specifically, it seems, he was indirectly questioning the need in my last Model Portfolios (Oct. '18) for so many funds (15 stock funds and 11 bond funds to be exact). Even my new "Recommended" stock and bond fund listings (see below), which now replace my Model Portfolios, now show 20 funds altogether.
Great question! Let's be honest - it would be highly difficult, and most likely unneccesary, for most investors to acquire each and every one of my recommended funds. (Even I don't own all 26 of the Oct. '18 funds, although I do own all of the 20 funds listed below. By way of explanation, I have been at this for more than 2 decades and once I find a fund I am satisfied with, I rarely close it out, thus leading to perhaps too many funds - yes, I admit it.)