59. “98% of our net worth is in real estate. Are we in trouble?”
Money For Couples with Ramit Sethi
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The Acid Allocation Is More Important Than Any Individual Investment
Real estate has been on an incredible historic terror, and it's fantastic if you happen to own properties. But anyone looking at 98 % in one asset class in one city says, oh, that's amazing when it's working right,. When it stops, it's like a ton of bricks that hits you. Your acid allocation is more important than any individual investment. It's really important to remember. So if you're writing a book, it's the table of contents that matters more than any individual page.
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