A gone-fishing portfolio has a limited number of investments with a balanced asset allocation that should do well with dampened volatility. Its primary appeal is simplicity. A secondary virtue is that it avoids the worst mistakes of the financial services industry.

This portfolio uses all TD Ameritrade no-transaction fee exchange-traded funds. We recommend this gone fishing portfolio for accounts hosted at TD Ameritrade. TD Ameritrade is custodian to some Health Savings Accounts. For a Health Savings Account, we recommend setting the asset allocation to 100% stocks according to “An Asset Allocation For Your Health Savings Account.”

You can read about the changes from last year in our article “Marotta’s 2019 Gone-Fishing Portfolios.”

Photo by Dan Edwards on Unsplash