Help me feel ok with the tanking NISA

[Jackson]

I remember Buffet in an interview saying he’ll put all his wife’s money in the sp500, forever. When asked about overexposure to the American economy, he said that America companies already have large built in international holdings, so are basically safe in such scenarios. Is this true? It means the sp500 stocks will bounce back from any tariff fears etc?

[Tsumitate Wrestler]

I remember Buffet in an interview saying he’ll put all his wife’s money in the sp500, forever. When asked about overexposure to the American economy, he said that America companies already have large built in international holdings, so are basically safe in such scenarios. Is this true? It means the sp500 stocks will bounce back from any tariff fears etc?

"Warren Buffett's 90/10 strategy involves allocating 90% of assets to a low-cost S&P 500 index fund and 10% to short-term government bonds"

They live in the US, and have expenses in US dollars. This strategy has no currency risk for them.

For someone living in Japan, with expenses and salary in YEN, the strategy would have significantly more risk.

....

Diversification in currency, and markets is the only free lunch out there. Let the index rebalance for you, and do not sweat the fluctuations.

[banders]

I believe international funds (which I thought most of us were invested in) are re-calibrated every few months in line with international market proportions? You could put 100% in Japan indexes, but It would take a lot more than tariff pi**ing contests for me to do that. I thought we all understood that the market goes up and down and not to sell when it’s down.

[adamu]

Also. "famously"*. He's not even famous beyond a specific niche.

Just remember what Dumbledore famously said to the hobbits: Do or do not. There is no try.

That was Yoda https://www.youtube.com/watch?v=BQ4yd2W50No

I think you missed the joke

[William]

Just remember what Dumbledore famously said to the hobbits: Do or do not. There is no try.

That was Yoda https://www.youtube.com/watch?v=BQ4yd2W50No

I think you missed the joke

[banders]

That was Yoda https://www.youtube.com/watch?v=BQ4yd2W50No

I think you missed the joke

I am devoid of geek.

[adamu]

I am devoid of geek.

Devoid of geek you are.