The Happy Saver

JL Collins Goes Global - And Why That Feels Familiar

JL Collins, author of *The Simple Path to Wealth* and long‑time advocate of a single‑fund U.S. strategy, announced a shift to include Vanguard's Total World ETF (VT) alongside VTI. The change moves his allocation from 100% U.S. equities to roughly 62% U.S. and 38% international exposure. Collins cites rising U.S. trade tensions, a weakening dollar and the long‑term risk of a single‑country bias as drivers. The move mirrors a broader trend among New Zealand investors who are adopting low‑cost total‑world ETFs to achieve true global diversification.