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/biz/ - Business & Finance


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13190341 No.13190341 [Reply] [Original]

TFW you realize that a 50-40-10 stocks/bonds/gold portfolio following major indices & diversified across world markets is less volatile relative to major international currencies averaged, than the national currency of your home country. Regardless of how first-world it may be.

My boomer dad put all of my inheritance in a bank account with a fixed interest rate of 3% for five years. Not only was this barely higher than inflation for most world currencies, it ended up falling overall relative to them because the exchange rate fell by 20% in one year.

I feel royally screwed over & cheated. Currency-related assets are often talked about as if they are low-risk low-reward, but they're actually risky as fuck even on relatively short timescales.

>> No.13190529
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13190529

>>13190341
>tfw you realize that a 100-0-0 LINK portfolio is all you need

>> No.13190532

>>13190529
No.