Quote:
Originally Posted by Cowboy89
But if someone is trying to be conservative and 'safe' why would they own a bunch of assets whose values are highly correlated to each other as the sole basis of their retirement?
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In some people's eyes, the definition of safe could correlate to having "real estate that never goes down" instead of having a diverse portfolio that includes investments in the form of stocks/bonds/GICs/cash/real estate.