This Ghost Story Could Help Your Investment Asset Allocation
If you asked me, "Andrew, do you believe in ghosts?" I would say, "No." But as I explain in this excerpt of my new book, Balance, if you took me to a specific "haunted" jungle in Indonesia, I would crap my pants. If you're a relatively new investor (anyone who has been investing for less than 12 years) your choice of asset allocation might reflect this bizarre dissonance.
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This Ghost Story Could Help Your Investment Asset Allocation
I’m going to share a ghost story. Hopefully, it will be helpful. But before I do, I’ll provide some context.For starters, investors with medium-risk portfolios comprising 70 percent stocks and 30 percent bonds could beat most investors that invest 100 percent in stocks. That might sound strange, co…