I am 19 and originally opted for an S&P500 fund, however after doing research and realising how weighted it is to the us economy I felt uncomfortable with the risk.
After reading the psychology of money and how it talks about reasonability over rationality I made the choice to go VT. Although the S&P500 may produce better returns (rational choice) I feel more comfortable investing long term in a VT fund therefore making it a reasonable choice.
I suppose I could go for the three fund method but in the instance where the US market goes stagnant I like the idea that a VT fund will automatically adjust itself to the direction of the market. Does a boglehead approve of this approach ?
I would like a boglhead approval on going 100% VT at the age of 19, should I be more aggressive ?