The heart of Collins’s message is that you cannot beat the market, so you should simply own the market. He argues that trying to pick individual stocks or timing the market is a "loser’s game." Instead, he recommends a 100% allocation into a broad-based index fund like Vanguard’s Total Stock Market Index Fund (VTSAX). One fund to rule them all.
The heart of Collins’s message is that you cannot beat the market, so you should simply own the market. He argues that trying to pick individual stocks or timing the market is a "loser’s game." Instead, he recommends a 100% allocation into a broad-based index fund like Vanguard’s Total Stock Market Index Fund (VTSAX). One fund to rule them all.