Normal
I think by doing that you are paying a high cost to insure a very low tail risk.Notice I said A growing portfolio of assets that grows in size and diversity over time is the best way to preserve wealth ... and spreading across different assets and industries, and geographies, it is much more likely to be "preserved".Even if you pick the worst case scenario of living in Venezuela, if you had some assets paying dividends in US dollars and EURO, you would be fine.
I think by doing that you are paying a high cost to insure a very low tail risk.
Notice I said
A growing portfolio of assets that grows in size and diversity over time is the best way to preserve wealth ... and spreading across different assets and industries, and geographies, it is much more likely to be "preserved".
Even if you pick the worst case scenario of living in Venezuela, if you had some assets paying dividends in US dollars and EURO, you would be fine.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
