“Buy them the Vanguard Total World Stock ETF… or the Dimensional World Equity ETF… 13,000 or so companies”
Matt Ludmer · The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · RWH074: True Wealth w/ Matt Ludmer
Play from 2:15:29
2:15:29
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What was described
Uses Dimensional Fund Advisors ETFs (e.g., Dimensional World Equity ETF) as the core of the long-term surplus pot
Said nearby on the same subject
“Anybody can buy an ETF. One of my chagrins down the ETF space… we’ve been in that space so long as I’ve been on calls with pensions that I’m trying to get interested in the Auspice funds.”
“Tax simplifies because if you're using a fund of fund, it's all managed through that one fund… your tax next year is going to be more complicated with multiple ETFs.”