![]() Dalio rounds out the portfolio with gold as an inflation hedge. While Dalio is famously press shy, he was happy to chat with Robbins about a number of investment topics, including the asset allocation of Dalio’s “all weather portfolio,” which includes just 30% in stocks, and 55% in a combination of intermediate- and long-term bonds. (We can only imagine the sales of an investment guide by Oprah.) Others have rounded up the views of investment greats before, but few with the fame and pop-culture appeal of Robbins. I vowed to discover the best possible information from the most knowledgeable and influential experts in the world,” he writes.īasically, Robbins is serving as a conduit for the insights of investment greats, including hedge-fund star Ray Dalio. “My goal was to find a way for normal individual investors to take control of their money in a system that seems rigged against them. But Robbins, a very smart fellow, has turned to the giants of investment in researching his first book in over 20 years titled, MONEY Master the Game: 7 Simple Steps to Financial Freedom.Īs he puts it in a column for Yahoo! Finance, he’s spent the last few years of his life interviewing more than 50 self-made billionaires, Nobel Prize winners, investment titans, best-selling authors, professors, and financial legends. Few would turn to Tony Robbins, the overly enthusiastic, square-jawed self-help guru, for investment advice. Meanwhile, the hottest investment book out this week is written by someone who has zero cred in the world of investing. ![]() It’s currently at 0.04%,” Elfenbein points out. “If the 10-year yield stays at this level, then, according to our indicator, we don’t have to start worrying about stocks until the 90-day yield gets over 1%. “In fact, the indicator’s only big miss came in early 2008 when it flashed bullish several months too early,” Elfenbein adds.Ĭurrently, the yield spread is 230 basis points. He writes that the spread has been over 121 points continuously for nearly seven straight years. But it’s averaged 10.47% per year when the spread is 121 basis points or more. “Since 1962,” he writes, “the S&P 500 has averaged a 1.42% annualized gain when the yield spread is 120 points or less (that doesn’t include dividends). ![]()
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