Andrew Tobias' Lazy Portfolio

When I ask others to name one of their favorite books on investing, Andrew Tobias' "The Only Investment Guide You’ll Ever Need" tends to come up. While his book is more suited for the novice investor, I'm in agreement with many of the principles outlined in his book including the importance of saving, minimizing your expenses, building a rainy day fund, and investing in the market in a smart and efficient way. Of course, most of this is common sense. But, as we all know, common sense isn't very common.

At Andrew Tobias' website, you'll find frequently updated commentary on a range of topics as well as his popular market cap scale. In addition, Andrew Tobias' lazy portfolio is comprised of just three funds in which he advocates using simple dollar cost averaging and periodic rebalancing.

Andrew Tobias' Three Fund Lazy Portfolio:
- 33.3% in Vanguard Total Stock Market Index Fund (VTSMX)
- 33.3% in Vanguard Total International Stock Index Fund (VGTSX)
- 33.3% in Vanguard Inflation Protected Securities Fund (VIPSX)

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