Vanguard adds non-diversification warning to Total Stock Market

[boglerdude]

Blindly buying the index is well established as better than picking. There's an AI narrative bubble but it could take years to pop, and then there will be another narrative that distorts some other sector.

But yeah, people are throwing money at stocks because an iBond is 4% and M2 is 7%. I hate buying gold because its stupid but millions of people are competing online now you cant stock pick like Buffett

[mathjak107]

equities and gold has beaten equities and bonds for 25 years now over almost every time frame .

not so stupid

[boglerdude]

Gold isnt an investment, it doesnt do work like a house or a tractor. Its savings, and it doesnt go up, its dollar going down.

But there arent good alternatives if you want global diversification

[yankees60]

equities and gold has beaten equities and bonds for 25 years now over almost every time frame .

not so stupid

Would you buy gold at today's prices?

[yankees60]

Gold isnt an investment, it doesnt do work like a house or a tractor. Its savings, and it doesnt go up, its dollar going down.

But there arent good alternatives if you want global diversification

Yes, it does not give any returns. But it is a diversifier and something that does go up during times of stress. It is not an inflation fighter.

[mathjak107]

equities and gold has beaten equities and bonds for 25 years now over almost every time frame .

not so stupid

Would you buy gold at today's prices?

absolutely.

in effect anyone holding gold or any investment is actually buying in each day .

you will be up or down in dollars which are all yours for the taking exactly the same amount whether you already own it or are first buying it.

it’s always so silly when others tell someone not to buy something , yet they own this asset themselves and are keeping it in play at each days price