Stocks, Treasuries, and Gold -
Everything should be made as simple as possible, but not simpler. Albert Einstein How can only three assets plus cash produce such amazing returns? Well, all three assets complement each other in way other assets just can’t. They work so well together, there really isn’t any reason for anything else. Simplify as much as possible,…
September 22, 2019 October 4, 2020 by btm Everything should be made as simple as possible, but not simpler. Albert Einstein How can only three assets plus cash produce such amazing returns? Well, all three assets complement each other in way other assets just can’t. They work so well together, there really isn’t any reason for anything else. Simplify as much as possible, but not simpler. Portfolio Goals Lets start with the portfolio goals: Maximize long term risk adjusted return Minimize trading costs Minimize drawdowns Simplify Stocks Stocks have the highest return of any commonly
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