Let’s use 90% VOO and 10% SGOV. The money you’d put towards this portfolio includes all liquid assets outside of your company retirement/real estate.
It seems as though this portfolio is ideal for someone with a $1 million portfolio, but questionable for someone far lower or far higher.
For example, someone with $100,000 liquid, that would mean $90,000 would go to VOO and $10,000 to SGOV. $10,000 wouldn’t even fulfill an emergency fund, let alone the cash needed for a car or other “needs.”
Someone on the top end with let’s say $100 million would have $90 million in VOO and $10 million in SGOV. $10 million in “cash”, unless needing it for a deal may be way too much cash. At what point is it worth considering this portfolio?