I have built up these different Cash FIREhoses to (hopefully)
achieve some diversification beyond stocks and bonds in my portfolio.
Not exact matches
Investors, however, now generally need to consider investing
beyond their borders as well as at home in order to
achieve proper
diversification.
In effect, the various asset classes provide additional
diversification benefits that go
beyond the investment risk reduction benefits that can be
achieved through full
diversification within each individual asset class.
Achieving true
diversification requires broadening our horizons well
beyond conventional allocations to stocks resembling the S&P 500 and bonds resembling the BarCap Aggregate.
«The level of Canadian investment is highly correlated with the health of the American economy and exchange rates, but the overriding motivation is that Canadian institutional investors need to look
beyond their borders to find product and
achieve greater
diversification.»