History
Popularized through The Simple Path to Wealth as a minimal path for long-term investors.
Philosophy
Use one broad stock fund during accumulation and add bonds for stability as needed.
Lazy PassiveMarket betaStock / bondGrowthLow complexity
Simple Path to Wealth
A very simple equity-heavy portfolio popularized by JL Collins.
Asset allocation
US Stocks
75%Bonds
25%Performance
How this allocation behaved across modern markets
Annual rebalancing, local bond and cash proxies where relevant, and optional inflation adjustment through CPI.
1970-2024Log scale
CAGR
10.0%
1970-2024
Max drawdown
-26.9%
Volatility
12.9%
Worst year
-22.4%
2008
Implementation
Local products and proxies
đ Simple Path to Wealth implementation
Long-term individual investor
Use broad, low-cost funds or ETFs matching each asset class.
Account notes: Implementation depends on local account types and tax wrappers.
Costs: Prefer low-cost, liquid vehicles.
Rebalancing: Annual rebalancing or tolerance bands.
Tax: Country-specific tax treatment should be reviewed before implementation.
Product names are implementation examples for research. Availability, taxation, share classes and suitability should be checked with the investor's broker and tax situation.
Similar portfolios
Adjacent ideas in the atlas
Bogleheads Four-Fund Portfolio
A slightly more granular Bogleheads portfolio that preserves low-cost indexing while separating one additional risk or control sleeve.
US Stocks40%
International Stocks25%
Bonds25%
TIPS10%
Open atlas entry
Coffeehouse Portfolio
Bill Schultheisâs relaxed lazy portfolio, built to deliver broad diversification without turning investing into a second job.
US Stocks40%
Bonds30%
International Stocks10%
Small Cap Value10%
REITs10%
Open atlas entry
No-Brainer Portfolio
William Bernsteinâs simple four-sleeve portfolio combining broad equities, small-cap value and bonds in equal weights.
US Stocks25%
International Stocks25%
Small Cap Value25%
Bonds25%
Open atlas entry
Core Four 80/20 Portfolio
A simple four-fund portfolio combining global equities, bonds and real estate exposure in a low-maintenance structure.
US Stocks48%
International Stocks24%
Bonds20%
REITs8%
Open atlas entry
Second Grader Portfolio
A deliberately simple index mix built for clarity and low maintenance.
US Stocks50%
Bonds30%
International Stocks20%
Open atlas entry