Chapter 5
World equities – increased risk and return
This chapter is about the main return-generating portion of your rational portfolio, equities. In the chapter I hope to convince you that the only equity exposure you need is one that represents the broadest and cheapest exposure possible; an exposure to a world equity index.
Only buy world equity index trackers
In order to move the portfolio towards the promise of higher returns you need to increase your risk/return profile by buying publicly listed equities. I am not suggesting you buy equities because I have some insight that equities are set to have an outstanding performance relative to other assets. It is because I consider equities to be the highest expected return asset class ...
Get Investing Demystified, 2nd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
