jeremycady on Nostr: Three years ago, investment professionals declared that the 60/40 portfolio was dead. ...
Three years ago, investment professionals declared that the 60/40 portfolio was dead.
There was no longer a reason to own bonds. (I agreed but for different reasons).
This morning on CNBC, an analyst said one should maybe hold more than 40% in bonds.
The reality is, none of them have any clue.
If someone is moving in and out of investments because a particular asset is performing better, they are already late and others are profiting off from their late move.
It's no wonder most financial firms are incapable of beating the S&P 500.
The best idea is to find a great asset to own and then continue buying it and holding it.
Throw in the fact that most "growth" is inflation driven, not actual growth, then the number of assets that produce are very limited. Most growth is a loss, companies/bonds are underperforming but this is hidden by inflation.
And when I mention inflation, I mean actual inflation, not the lower rate reported by government bureaucrats hiding how poorly they're manipulations of the market are performing.
If one is not getting +10% return or higher on their stock/bond, they're probably losing.
There was no longer a reason to own bonds. (I agreed but for different reasons).
This morning on CNBC, an analyst said one should maybe hold more than 40% in bonds.
The reality is, none of them have any clue.
If someone is moving in and out of investments because a particular asset is performing better, they are already late and others are profiting off from their late move.
It's no wonder most financial firms are incapable of beating the S&P 500.
The best idea is to find a great asset to own and then continue buying it and holding it.
Throw in the fact that most "growth" is inflation driven, not actual growth, then the number of assets that produce are very limited. Most growth is a loss, companies/bonds are underperforming but this is hidden by inflation.
And when I mention inflation, I mean actual inflation, not the lower rate reported by government bureaucrats hiding how poorly they're manipulations of the market are performing.
If one is not getting +10% return or higher on their stock/bond, they're probably losing.