The goal of these portfolios on this podcast and what we talk about here is to maximize safe withdrawal rates. If your necessary safe withdrawal rate is 3% or less then you can hold virtually anything that has at least say 30% stocks anywhere from 30% stocks to 100% stocks. But if you need to be taking 4% or 5% out of that portfolio then you needs to be more focused on the composition and diversification of that portfolio in order to get a higher projected safe withdrawal rate.