The 6040 Portfolio, Number One Is Exposed to Rising Growth

The 6040 portfolio is extremely exposed to rising growth, because of the amount of stocks it has. So my first step in thinking about a better portfolio is to reduce my exposure to growth. Unfortunately, bonds are anti growth assets and if you reduced your exposure to growth by buying bonds, you were not happy this year. And that's because inflation drove bond prices higher, lower, sorry. It wasn't falling growth would have been perfectly fine for bonds, but inflation is what drove them down. What you need is a portfolio of assets that are going to do well and inflation, and those tend to be things like commodities in particular.