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Update 5_People/personal-finances.md
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Co-authored-by: Dejan Murko <[email protected]>
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zupo and dmurko authored Jul 24, 2024
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Expand Up @@ -93,7 +93,7 @@ We'll be buying whole-market index funds for stocks and bonds.
We're looking to invest in the lowest cost funds by a large and reputable fund. Niteo, Dejan, and Nejc all invest in [Vanguard's](https://en.wikipedia.org/wiki/The_Vanguard_Group) funds:

- VWCE for the global stock market (listed as VWCE in EUR)
- VAGF for the global bond market
- VAGF (EUR) or BNDW (USD) for the global bond market

How should you split your portfolio between the two assets? The most popular split is 70% stocks and 30% bonds. If you're young and have the stomach for higher volatility (change in portfolio value), you can go higher with the stocks. When you're closer to retirement, you start adding more to bonds.

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