We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Books on investing
Comments
-
Men Faber's Global Asset Allocation was published last week. It's only £2 on kindle, a slim volume that was slim enough for me to read on the way to work this morning. It is US centric but readable enough to a UK investor. He reviews a dozen or so common portfolios (Permanant, Ivy League, etc) and comes to the conclusion that
- the actual allocation doesn't matter that much, provided you are diversified. Following any of them is a good start.
- 60/40 is still a good place to start, particularly a global portfolio with reduced home bias.
- fees matter. A lot. He shows how fees tend to moderate the leading portfolios to the extent they converge.
An interesting enough read for the commute - particularly as one Faber fan on this forum repeatedly disses the effect of fees and the utility of 60/40. Although he has published books on Value Strategy before, value only gets a sidelong glance as a useful portfolio tilt.
Lots of charts too.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards