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Investing - Theory, News & General • Larry Swedroe says Total US and Int’l Stock Index is not enough diversification

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Care to explain the math there? if you do the math with 100% equities + treasuries + futures + gold = ..?..
The underlying referenced products use leverage to obtain the additional exposure and stack your exposure to additional assets beyond 100%. Here is some reading for you:

https://www.optimizedportfolio.com/rssb/

https://www.optimizedportfolio.com/rsst/

https://pictureperfectportfolios.com/gd ... -etf-fund/
It is a matter of what 100% means.
If you invest $1,000 in a balanced fund that is half stock and hal bonds, then you asset allocation is 50% each, $500, with the total of $1,000.

If you buy $1,000 of a leveraged fund that will behave as $1,000 of stocks and $1,000 of bonds, then you have the same amount of stock exposure as you do bond exposure and your asset allocation is still 50/50.

The allocation is no different than if you had done it yourself, borrowed $1,000, added it to the $1,000 you already have and bought $2,000 of the 50/50 balanced fund.

The asset allocation is a percent of total invested, which includes assets purchased with leverage.

Statistics: Posted by afan — Tue Dec 31, 2024 3:19 pm — Replies 61 — Views 5697



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