Traditional 60/40 portfolio construction (60% Stocks, 40% Bonds) does not make sense any more as bonds are broken. Most bonds around the world are either very low or negative yielding.
Millennials & GenZers would rather hold 60% stocks & 40% Bitcoin in their portfolios.
2/
From a Millennial & GenZer perspective...
- They trust in #Bitcoin as digital gold
- They prefer crypto over stocks & equities
- They prefer crypto over ETFs and mutual funds
- Real Estate is at all time highs, aren't interested
- They aren't interested in precious metals
3/
From a Millennials & GenZers perspective, an ultra conservative portfolio would look like below...
ELON MUSK: "It's pretty wild that a tiny tax on tea started the revolution and now we get the living daylights taxed out of us and theres no revolution. You get taxed on what you earned, you get taxed on what you buy, and you get taxed on what you own. Taxes, taxes, taxes, and what does it get spent on? That's why we need to reduce the size of government."
America sure doesn’t want to be ruled by airheads, knuckleheads, chuckleheads and bone heads
🔥🔥The Tale of Four Heads 🔥🔥
Airhead floats with thoughts so light,
Dreaming in the broad daylight.
Lost in clouds, without a care,
Wanders here, then drifts elsewhere.
Bonehead’s dense, a stubborn sort,
Hard to crack, though full of naught.
Tried and tried to think things through,
But thinking’s not what boneheads do!
Chucklehead laughs loud and long,
Finds a joke in what’s all wrong.
Every mishap, every fall,
Is funny when you’re chuckle tall.
Knucklehead’s the one who fights,
Argues loud through days and nights.
Thinks with fists instead of brains,
Quick to anger, slow to gains.
Four heads wander through the town,
Causing grins and some a frown.
But together, day or night,
They keep life a little light!