This “$1,200 Car” Has the Auto Industry Scared

What Is Asset Allocation? How Should You Diversify? Here Are Some Tips...  ‌ ‌ ‌ What Is Asset Allocation? How Should You Diversify? Here Are Some Tips... [StreetAuthority]    From Our Partners  [This “$1,200 Car” Has the Auto Industry Scared](  A project Musk has been working on for over a decade is about to go live – his “$1,200 car.” And the best stock to buy isn’t TSLA. [Learn More.](   What Is Asset Allocation? How Should You Diversify? Here Are Some Tips... By SA Analysts  It’s one of the most frequent questions subscribers ask, and unfortunately, we can’t answer it. “How do I allocate my portfolio as I approach retirement?” Many of you have asked this question in different ways countless times over the years. We can’t give you an answer because there is no one right answer. It all depends on you. Even if every reader had the same amount of assets and needed the same retirement income, the way you should allocate your resources would still be different. Effective asset allocation is an exercise in introspection. You need to answer questions like: – If you think the market will drop 20% in the next six months, do you still choose to keep your money in it? – How knowledgeable are you about investing? – Did your grandmother live to 97, and does longevity run in your family? – Are you comfortable consuming all your assets before you pass away, or do you want to leave a legacy to your children? Asset Allocation is Key A ground-breaking study by Gary Brinson, Randolph Hood, and Gilbert Beebower found that asset allocation is responsible for more than 90% of the volatility of your portfolio returns. While that statistic may be based on selective data, there is no doubt every investor should consider this concept with the utmost seriousness. In his classic book, The Four Pillars of Investing, William Bernstein contrasted the performance of stock/bond portfolio mixes in the 1973-1974 bear market. [Read More...](   [road]( [The epicenter of the Mother of all Oil Booms is in THIS tiny Texas town?](  To the untrained eye, this pristine Texas pasture might not look like much. But… sitting 5,964 feet below the surface… you’ll find what the US Geological Survey confirms is the largest oil reserve we’ve EVER uncovered. With enough “black gold” in the ground to independently power America decades to come… Even better… this $33 stock could be your first class ticket to obscene oil wealth. [This once-in-a-lifetime power play could give you gains up to 3,204%]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2023 [[ StreetAuthority ]] [[ 7600A Leesburg Pike, Suite 300 Falls Church, VA 22043]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.