Subject: Re: Sorry, very OT: What to do with funds
One of my 20 something sons works for Microsoft in the US, and he recently sold off some of his stock awards. He wants to put the proceeds into an international fund, like Vanguard’s VXUS.

Is that a decent idea? Anyone projecting a global recession any time soon with all the turmoil? Should he drip into an international fund or just buy it all now? I’m so out of the loop on investing outside of the US.

Interestingly I have been having discussions with some of my kids now that they have money to invest. I want them to learn a couple of things that will help them long after I am around.

1. Timing the market is hard and generally a bad idea
2. The price you pay determines the return you get

These might seem counter to each other, but the advice I have been giving is to determine a good entry based on assumptions that you have confidence in; then just pull the trigger.

To that end; both of my daughters have elected to hold cash right now and defer their equity purchases until conditions are more attractive.

tecmo
...

PS: They are generally in index funds; but one recently purchased GOOG back in the fall at $150 - which she was proud of! She wants to buy more....