Take a look at this comment from 'patio11 and response by 'mechanical_fish[0][1]. My investment strategy is remarkably close to what they've described (although I read/learned about it elsewhere - a really good friend). I still buy an odd stock in low single digits as a "token" - if I like the company I should get some stocks - think PTON, TSLA, AMD, GOOG, AAPL etc. However vast majority of everything else is in blend of vanguard index funds.