a portfolio basically consists of inflationary low volatility assets and deflationary high volatility assets u need both but the exact mix depends on your risk tolerance, near term purchasing plans, and far term roi wants
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the trap to avoid more and more nowadays is to have the inflationary low vol asset to be your PAYCHECK and the deflationary high vol asset to be your CAREER there are some exception fields like tech but overall this weights u too much in fiat land
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it also correlates the two assets. it's like having stocks and bonds in a period when stocks and bonds go up and down together. this is also why the tech example above is an exception. in tech, skills are far more easily transferrable. ur "career" is like a docker container
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basically, instead of looking too deep into things like btc, eth, dollars, yen, tsla, doge, spy, gld, etc... you first want to be able to make a clear distinction between "risky but grows" and "non-risky but slowly rots" by accepting that "non-risky and grows" does NOT exist
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since crypto is prominent news here is a crypto example: all the different coins are NOISE. no matter how much u diversify or spray and pray or read whitepapers they are all correlated. no magical mix is going to get u "non-risky and grows"
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understanding the basics would allow you to see that the only thing that is not correlated is a stablecoin or other cash(dollar) equivalent u would've noticed that b/c u were NOT actually making the growth/rot tradeoff ur efforts at the perfect portfolio was also NOISE
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it's like a car where the more you accelerate the looser your seatbelt gets being chad is like riding a donorcycle and not dying. being simp is like being stuck in traffic
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