Lazy Portfolio Advice
How to outperform 97% of all investment money managers
for free using only one hour every 6 months!
(Revised 11/27/2017)

Man pushing dollar sign

“The vast majority of what we have been taught about investing is not effective for long-term individual investors.”
– James Cloonan, AAII Founder & Chairman

"If, as many practitioners and academics believe, we are facing decades of modest returns, your focus should move from searching for the best manager to aggressive management of expenses and taxes ... . A one-half percent savings may increase your net real return by 20%."
- Harold Evensky, President, Evensky & Katz, AAII 2013 Investor Conference

What is a Lazy Portfolio?
Alex Green's and Paul Merriman's reasons for Why you want a Lazy Portfolio.
Paul Merriman explains 22 advantages to Index funds.
Why a Target Date Fund (TDF) would be easier to invest in than your own lazy portfolio.
How to create a Lazy Portfolio.
Some Lazy Portfolios tracked by Marketwatch.
Excel spreadsheet of some Lazy Portfolios and their track records! (Revised 1/24/2016)
Rebalance every May 1st and Nov 1st. Track record of the Presidential Cycle Halloween Market Timing Indicator. (Revised 11/27/2017)
An Honest Stock Market Update!
How will your job and investments fare? Get a free second opinion!
Listen to Paul Merriman's free PodCasts on lazy portfolio investing!
Dennis Miller explains how to get Free Money for Your 401(k)!
4 Important Money Lessons Learned While Working For Minimum Wage!
Want to invest like Warren Buffett? Here's how!
The correct way to set effective financial goals!
10 Reasons why you will never be rich!
Get a Free Current Statement of your Social Security Benefits!
Get Free Financial Management Advice From the Federal Government!
Get a Really 100% Free No Obligation Credit Score and More!
Get a Really 100% Free No Obligation Credit Report To Use To Improve Your Credit Score!
How to Find Unclaimed Money to invest for free.
A Wide Range of Practical Legal Advice and Legal Information With Most Legal Advice At No Cost.
A Blog That Has More Than 8,000 Money Saving Ideas.
A Way To Check Out an Insurance Company.

Do Not Put A Tax Shelter Inside A Tax Shelter

  • Do not put tax exempt municipal bonds or municipal bond funds inside an IRA, 403(b), or 401(k)
  • Do not put an annuity inside an IRA, 403(b), or 401(k)
  • Do not put a life insurance policy inside an IRA, 403(b), or 401(k)
  • Do not put a Master Limited Partnership (MLP) inside an IRA, 403(b) or 401(k)
  • Do not put stocks that require foreign tax to be paid inside a tax shelter. The tax is not deductible on your Federal 1040.
  • Do not put any other kind of tax advantaged investment inside an IRA, 403(b), or 401(k)

Take Mutual Fund Distributions In Cash

  • Sweep your mutual fund distributions into a money market fund
  • Avoids tax complications caused by the 30 day wash-sale rule
  • Avoids "buying high" when distributions are reinvested in a mutual fund at a high
  • Simplifies income tax accounting when you file your Schedule D with your Federal 1040 form
  • Allows you to withdraw cash for living expenses without putting in sell orders
  • Simplifies rebalancing your lazy portfolio at rebalancing time
  • Invest your "excess cash" from distributions when you rebalance (twice a year in May and November)

Recommended General Asset Allocations

  • 60% Stock/40% Bonds: Putting money into portfolio
  • 40% Stock/60% Bonds: Taking money out of portfolio
  • 50% Stock/50% Bonds: Neither putting money into or taking money out of portfolio