This is a question about "Personal investing and asset allocation".
- I earn more than I spend
- I may retire in 15 or 20 years, and I have savings to be invested in something or managed somehow until then
- I'm a computer programmer with a Math degree, but I'm not a finance professional/expert
In the past, people have encouraged me to invest in 'mutual funds', and I haven't been impressed with the result: I was invested during the dot-com crash, and again during the downturn of a year or two ago, and found that the supposedly 'managed' mutual funds still lose value during a down-turn (which is disappointing) and also don't go up as much as the ordinary stock market index during an upturn (also disappointing).
So I was wondering about something different: index funds, instead of mutual funds. Preferably low-cost, and diversified; and possibly small-cap, if those have a better-than-average yield.
Is something like the "The Über–Tuber" listed at the bottom of http://canadiancouchpotato.com/model-portfolios/ a sensible investment choice for me? What should I beware of, and what's the disadvantage of that as a strategy?