#Morningstar #3FundPortfolio #personalfinance Simplicity is a major selling point, but this portfolio is not always a perfect fit. 00:00 Introduction 00:20 What Is a Typical Three-Fund Portfolio? 00:41 Benefits of a Three-Fund Portfolio 01:39 Why the Three-Fund Portfolio Is Not Ideal for Investors With Taxable Accounts 02:39 Why Young Accumulators Can Have an Even Simpler Portfolio 03:33 What Is Missing From the Three-Fund Portfolio for Retirees What to watch from Morningstar. Can Your Investment Portfolio Be Too Diversified? https://youtu.be/Hyquhq0JYyE?si=feMV-ijfZj2qkECM Is International Diversification Worth It? https://youtu.be/6WjOYRiy24g?si=5wWTpJL1H8bt28_l Is Your Asset Allocation Too Aggressive? https://youtu.be/dbG9ZgntqMc?si=7wRGIQD418FXyK2I How Much Guaranteed Income Do You Need in Retirement? https://youtu.be/s0p7VgZ1mmw?si=EcjExIjd--DQfuvx Read what our team is writing. Christine Benz https://www.morningstar.com/people/christine-benz Margaret Giles https://www.morningstar.com/people/margaret-giles Follow us on social. Facebook: https://www.facebook.com/MorningstarInc/ X: https://x.com/MorningstarInc Instagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/