No. of Recommendations: 7
Was looking over estate plans.
Current directive is liquidate everything (including Berkshire!) and put 90% in RSP and 10% in cash equivalents.
The reasoning is that when I'm no longer around the portfolio needs to be hands off, yet expected to grow at a reasonable rate, say 5-7% plus inflation.
I have a general distaste of cap weighting, ruling out S&P 500, etc., etc.
I'd love to do 90% Berkshire, but nobody knows how the company will change and evolve over the next few decades. I want to believe Warren and Charlie built this thing to last forever. But I can't prove that.
Hence, RSP seems like the compromise.
Thoughts?
