Investing in a Diversified Portfolio - What's the Difference?

Beau: When we think about the market, we have to prevent ourselves from focusing on the 46% of days that are down and think more in terms of the long term. Let's talk about that a little bit. We wanted to share a few quick illustrations with you. The first is one that we have developed here internally. If you look at just a 60-40 portfolio, and when we say 60-40, that 60% stock, 40% bond portfolio from 1953 all the way to the end of 2021. It looks like no rhyme or reason on this scatter plot. And now everything kind of compresses towards that average,. That 9% annualized decade performance on here