Subject: Constructing a legacy portfolio
Hi all. A major life event notwithstanding, I'm likely to be bequeathing
100% of the current assets in my Roth IRA accounts to my future heirs. Per
actuarial tables, let's say this event occurs about 20 years hence
(obviously I could be hit by a bus tomorrow ...)
I'd like to construct a mostly ETF portfolio that I can pretty much
ignore over the next decade.
It will probably [partially] consist of:
- Berkshire Hathaway (yes, an act of faith in Greg Abel)
- QQQE
- RSP
- VXUS (international exposure)
- VDE (energy sector)
- IWM (Russell 2000)
I would also consider keeping maybe 10-20% in cash equivalents to take
advantage of a future market crash. But it's not a big deal either way.
What I don't want to consider adding to the mix:
- Bond ETFs
- Gold
- Crypto
I would be interested in other ETF suggestions, as well as their
percentage allocations for what you might consider as your ideal
legacy portfolio.
With gratitude,
-Rubic