The Asset Allocator: The Allocation I Recommend To My Children

Published: June 18, 2019, 9:50 p.m.

I tell my kids to aspire to an asset allocation equal-weighted among stocks, real estate and cash. This podcast (5:36) argues that you don't attain wealth without ownership of risk-based assets such as real estate and stocks. But you don't preserve that wealth from the blows that time and chance deliver without a large dose of liquidity. Learn more about your ad choices. Visit megaphone.fm/adchoices