timmybrown
Confused about dryer sheets
In Bob Clyatt's book, work less live more, he has 16 asset classes and i'm following that. however, he didnt make it clear the following:
1) he doesnt make it clear that you need Global (not just US exposure) for the classes:
-Oil/Gas
-Hi Yld Bonds
-GNMA Bonds
-Commodities
-REIT
-VC/Priv Equity
My gut tells me I should have something like 1/2 to 2/3 US and 1/2 to 1/3 Global for each of the classes above but the book is unclear.
Anyone know the answer?
2) For the International Bond Class, should we have some pctg in ST vs Med Term vs LT? I'm guessing a 10%/70%/20% guess but I would like to know what the author meant to have there?
Thanks.
1) he doesnt make it clear that you need Global (not just US exposure) for the classes:
-Oil/Gas
-Hi Yld Bonds
-GNMA Bonds
-Commodities
-REIT
-VC/Priv Equity
My gut tells me I should have something like 1/2 to 2/3 US and 1/2 to 1/3 Global for each of the classes above but the book is unclear.
Anyone know the answer?
2) For the International Bond Class, should we have some pctg in ST vs Med Term vs LT? I'm guessing a 10%/70%/20% guess but I would like to know what the author meant to have there?
Thanks.