Tony:abuss368 wrote: ↑Sun Sep 19, 2021 11:42 amHi visualguy -visualguy wrote: ↑Fri Sep 17, 2021 4:19 pmYou don't need it. Some want to own stocks traded on non-US stock markets for various reasons - there are many threads about this. Many here don't invest in foreign stock markets, and even the author of some of those books you mentioned (about 3-funds) stopped investing in ex-US a while back, although he still recommends 20%.
I believe you may be referring to Taylor and his excellent book “The Bogleheads Guide to the Three Fund Portfolio”. If I recall, Taylor had a take a RMD from a small IRA balance that included Total International. He closed the account thereafter.
Taylor, likes both the Two Fund and Three Fund Portfolio, but has a slight preference for the Three Fund Portfolio as he has discussed the risks of Japan in the late 1980’s and 1990’s.
Hopefully Taylor will see this post and provide his thoughts!
Tony
I prefer BOTH the Two-Fund and the Three-Fund total market portfolios. BOTH are simple, low-cost, diversified and tax-efficient.
Best wishes
Taylor
Jack Bogle's Words of Wisdom: "The beauty of owning the market is that you eliminate individual stock risk, you eliminate market sector risk, and you eliminate manager risk. -- "Never think you know more than the market. Nobody does."