Modern Portfolio Theory tells us to hold a diverse set of uncorrelated asset classes and to rebalance them on a routine basis. (early-retirement-planning-insights.com)
In a nutshell, theory espoused by Harry Markowitz underlines the fact that it is impossible to remove uncertainty from the markets, but you can mitigate long - term risk inherent in the market by devising a portfolio of uncorrelated assets like stocks, bonds and precious metals. (streetsmartfinance.org)
One of the pivotal definitions of the self - directed IRA is that one can invest in assets that are outside of the stock market, also known as uncorrelated assets. (joefairless.com)