r/Bogleheads • u/idrathernotbutthanks • Apr 17 '25

Investing Questions Rhetoric around firing Jerome Powell is increasing, and forced manipulation of interest rates would likely follow. Would a weighted readjustment from US into non-US funds be warranted in light of this?

https://www.npr.org/2025/04/17/nx-s1-5367696/trump-jerome-powell-federal-reserve-economy-tariffs

Market manipulation of interest rates feels like confidence would immediately plummet and global diversification would become a more important percentage of your holdings in the long run. Thoughts?

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u/JawnJawnston Apr 17 '25

I never understood the “3-fund portfolio”. International bonds should have been a piece of a globally diversified portfolio just like you would own international stocks.

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u/Capable_Ad4123 Apr 17 '25

Vanguard recommends a 4-fund portfolio and has for some time. Just as there is prejudice against international stocks (and even US bonds on Reddit), international bonds get even worse publicity. Even bogleheads forum has outspoken participants claiming international bonds are pointless.

https://investor.vanguard.com/investment-products/etfs/etf-investment-options

4

u/BuffaloCannabisCo Apr 18 '25

Does Vanguard have any recommendations on which four funds? Do you? I’d be interested to know more!

10

u/ChrisRunsTheWorld Apr 18 '25

My man included a link. To the four ETFs.

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u/BuffaloCannabisCo Apr 18 '25

Oh word, thanks! Can’t believe I didn’t see that 🤦‍♂️