Last Night I Almost Did A Complete Rebalance...But I Didn't And Why

L'auteur a failli rééquilibrer son portefeuille en faveur des obligations et des actions internationales, mais a finalement décidé de rester sur sa stratégie actuelle

# TLDR: I almost did a major rebalance into bonds and international stock. I didn't end up doing it because I don't believe Trump has the political capital to ruin the US economy (and bc my wife made me rethink it). If you are concerned about what is going on call your reps (be nice and nonpartisan) and potentially do more research and moderately shift your IPS as needed. # Intro: I am usually a lurker on here. But after my experience last night, and given the commotion with the recent markets and the US institutional systems of finance and government, I thought it helpful to share my experience and perspective as to why I am staying the course. **I want to thank a lot of the individuals in this subreddit who's posts have helped me stay the course over the past few months**... Hopefully this too helps another fellow traveler and adds a bit of empathy and insight to the conversation... # Situation: Like many people I have read *Common Sense on Mutual Funds*. I don't need to rehash or bastardize the book, but one of the principle ideas in the book, I believe, is the US and its corporations are a great place to invest because US institutions are strong. Bogle argues that US corporations offer great diversity internationally given how interconnected our world is today. In the end he argues that an international strategy isn't fully necessary. I was skeptical when I initially read this. I kept 10% in a diversified international fund and left it at that. I am young and will refine my strategy as I learn more. I have time. Needless to say I think its fair to be skeptical of those claims right now. The post WWII international order - which Bogle was a principal beneficiary of and refined his investing strategy in - is not necessarily collapsing, but is definitely getting a good shake down. I am worried about what is happening and I am especially worried about a what will happen when Trump's aspirations for low interest rates collide with the Fed. Last night I was a