#19 in Wealth management books
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Reddit mentions of A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan (Bloomberg)
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Reddit mentions: 1
We found 1 Reddit mentions of A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan (Bloomberg). Here are the top ones.
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Simplicity is generally better, especially as you're implying with a small portfolio. Check out these sources for more info:
http://www.investopedia.com/articles/basics/08/simplify-investing.asp
http://www.investopedia.com/articles/01/051601.asp
https://www.amazon.ca/Wealth-Common-Sense-Simplicity-Complexity/dp/1119024927
http://www.theglobeandmail.com/globe-investor/advisers-view/investors-resist-it-but-simplicity-is-better/article33266009/
Given that you're just slicing up the same pie into different pieces, I don't see the point of having more ETFs which causes more confusion. But then again, I don't follow the CCP portfolio and I think eventually some people may want to graduate from that level (i.e., the kindergarten of investing) and do some more work after they've done more research. Maybe you're at that level, but buying ETFs that do the same thing as the CCP portfolio wouldn't really help you move beyond that level.