Advisor Bets It All on Vanguard's VTI
We take a closer look at the pros and cons of putting your life savings into one ETF.
In this episode of Advisor Insider, Don Bennyhoff, featured in the most recent segment of the Portfolio IQ series, makes a case for the white-knuckle ride of an all-equity portfolio that is achieved through the Vanguard Total Stock Market ETF (VTI).
Bennyhoff, 59, has been investing this way for most of his adult life and, while he admits the ride can be extremely volatile at times, he doesn’t see a reason to diversify into bonds.
Speaking with etf.com Wealth Management Editor Jeff Benjamin, Bennyhoff, founder of the outsourced CIO firm Bennyhoff & Co., attributes his unique investing strategy to a state of mind, as opposed to the state of the economy and markets.
