Read? Why your Financial Adviser Might be Right to Have Most of Her Net Worth in Real Estate
More than a decade ago; this direct question has been asked ...
Read? SMOL: Trust But Verify???
Do you have more than 70% of your skin in it or just token sum to show show?
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People will be surprised at how much safe govt bonds & US Treasuries formed the bulk of most billionaire investors' portfolios ;)
ReplyDeleteEven Buffett personal holdings ... I won't be surprised if 50% were in Treasuries, municipal bonds etc. I read like during the dotcom boom, he was practically sitting in 90% bonds & cash.
People always confuse his *professional* portfolio in Berkshire Hathaway with his *personal* one. :)
Ownself money and other People money are not the same.
DeleteI learnt early in my life that a teacher and a master are two different roles. He who teaches, may not be a master of the subject.
ReplyDeleteAbsolutely right. Nowadays that why we have Masterclass training. They also know the difference :-)
DeleteHmm.. Teachers are usually employees and Masters are self employed?
ReplyDelete