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2023-07-05 16:20:36

alanbwt on Nostr: Remember the 60/40 portfolio? Amazing that holding 40% of your wealth in government ...

Remember the 60/40 portfolio?

Amazing that holding 40% of your wealth in government debt, which mathematically the state will never be able to pay back, has been the default approach for decades.

Also questionable to hold 60% of in stocks, when hardly any company remains in the S&P 500 for more than a few decades.

#Bitcoin fixes this.
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