Millionaire Teacher

Table 7.11 lists three portfolios. Each has similar asset allocations that provide exposure to US stocks, international stocks, and international bonds. US estate taxes could slap the first portfolio once the investor dies. But the other two would be safe because the ETFs trade on the Canadian and UK stock exchanges.

The US stock market makes up about 50 percent of the world’s stock market exposure. There are also stock markets in Canada, Australia, England, France, Japan, and China, just to mention a few. Investors can increase their diversification by building a portfolio

Let’s assume that two Singaporean twin sisters decide to invest in a US index. One of them buys the S&P 500 Index Fund through Fundsupermart. The other chooses to go with Vanguard’s low-cost S&P 500 ETF that charges just 0.08 percent annually. She could buy the ETF through any number of Singapore-based brokerages, including DBS Vickers, Sta

investors should get an up-to-date quote and then place a limit order a penny or two above the ask price (when buying) or below the bid price (when selling). Orders like this should get filled immediately at the best available price.

Historically, I’ve preferred market orders. I’ve liked knowing that my order will get filled and that I won’t ever have to chase a higher price the next day. But Dan Bortolotti makes some excellent points. They’re concepts I could learn from. They’re especially important if you invest large amounts or if your ETF is thinly traded.

Should You Choose A Market Order Or A Limit Order?

Compound Interest—The World’s Most Powerful Financial Concept

I used portfoliovisualizer.com to see how these recommended funds performed since the article’s May 2010 publication.

Frugal living, compound interest, and the 4 percent rule are powerful combinations.8