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This quickly went downhill lol. Thank you for your suggestion, I’ll stick my $5M in VTWAX and hope for the best.
by deanmoriarty 6y ago
This quickly went downhill lol. Thank you for your suggestion, I’ll stick my $5M in VTWAX and hope for the best.
- kragen 6y agoProbably a good idea to maintain a more diverse asset balance than 100% in stocks, in the interest of hedging wealth preservation against both likely and unlikely shocks. The base rate of state collapse, for example, is about 1% per year, and examination of past episodes shows that it's often pretty unexpected. See notes/pandemic-collapse.html in Derctuo for some of the reasoning here. Moreover it's hardly unusual for share markets to dip 10% or 20% and take several years or a decade to recover.
- BenoitEssiambre 6y agoThat is probably your best bet for large amounts. You can also diversify into TIPS (note the negative nominal returns though) and improve your housing situation with renos, upgrades etc.