It depends which series of risks (or sequences) trouble you. Global diversification, in this instance has proven problematic - as evident by the varying (relate

It depends which series of risks (or sequences) trouble you. Global diversification, in this instance has proven problematic - as evident by the varying (related) drops. Personally, I view my market investments as already fixed. I'd like a non-correlated asset, which means I'm looking at real estate. In my case, this goal isn't growth, inasmuch as defensive capital, or forced savings. I have the exposures you do, but added several, multi currency risks.