Starting a 12 year retirement goal using the “three-fund-portfolio”


My plan is to invest as furiously as possible into the three fund portfolio suggested by Bogleheads. However, maybe not? I am perfectly comfortable investing 80-90% into VTI. However, statistically proven in this book is to devote 60/40 toward VTI and Bonds (BND). With up to 20% toward international funds (VXUS). Looking through past performance it seems that Bonds would almost be a waste of 40% taxable investment. Should I invest in bonds at all? I am 35 years old.

In addition, John Bogle says it's not necessary to invest internationally at all, but with other investors suggesting it is necessary. Finally, the author of the book settles on suggesting an investment of around 20% internationally. I think between 10-20% would be ok to start and adjust later as necessary?

Additionally, with the market trending toward bearish I feel this is an adequate time to invest heavily toward stocks. Which is why I think investing upwards of 90% of my monthly contribution to begin makes the most sense as typically people place money in bonds to protect their investment during this kind of market and I feel it's not necessary to invest in at the moment since I am just starting out investing in these funds. When there is a rebound in the market I think my dollar cost average towards VTI will be beneficial and during that time of the market I can adjust again towards bonds.

May I ask for suggestions, disapproval, or advice?


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