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Elm Wealth - What Are the Building Blocks in Portfolio Design?
We want everything that we put into people's portfolios to be low cost, diversified and big asset classes. So we tend to stay away from things that are not liquid. Our most popular app on our website is actually a coin flipping game where you can flip a coin which is biased 60-40. We also have some tools that help with tax decisions like we were talking about earlier. The lifetime consumption and portfolio choice tool helps people think about given a certain amount of wealth ... optimal investment and spending policies.