Quote:
Originally Posted by HockeyIlliterate
I’m an American.
But often wish I were Canadian. Sure do miss living there.
ETA: I get your point about a market weighting between US and International. At the same time, though, due to quirks in the US tax code, the foreign tax credit becomes less valuable or unrealizable (at least fully) in lower tax brackets, and potentially worthless if you are living completely (or mostly) off of dividends and capital gains and stay in the 0% tax bracket. In that instance, the extra “risk” that one may get from international holdings may not be fully compensated for.
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Am trying to understand why such a large reliance upon the bond market? 50% is huge for something that according to many pundits (and FIRE blogs) probably doesn’t have a lot of upside. Instead it’s considered way less risky but also return averse.