| Each week in this section, Chief Investment Strategist Alexander Green responds to reader questions. It's your direct line to the Chief! Have a question for Alex? Drop him a line at mailbag@oxfordclub.com. Reader: Hi, Alex. I have recently been reading your book The Gone Fishin' Portfolio. Would you alter anything in your book for people who are starting their nest eggs late? Do you have any recommendations for us? - G.B. Alex: Thank you for being an Oxford Club Member and reading The Gone Fishin' Portfolio. The latest edition of the book came out in 2021. Nothing has changed about the portfolio since then. Nor do I foresee any changes. This is a long-term asset allocation strategy based on Vanguard mutual funds or exchange-traded funds. Members can feel free to tweak the portfolio a bit - based on their age and risk tolerance - by making it a little more or less conservative. To make it more conservative, simply allocate a larger percentage to the three bond classes: short-term high-quality corporates, high-yield bonds and Treasury Inflation-Protected Securities (TIPS). To make it less conservative, allocate a smaller percentage to these asset classes. What makes this strategy so powerful? The portfolio is asset allocated, is broadly diversified and minimizes annual investment costs. In my view, this portfolio - or something very much like it - should form the foundation of every serious investor's long-term approach. | 
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