It sounds like your come from your comment that you are saying there should be no debt at all. I think this article was specifically about bonds and thus the comment was diversification within that investment class. I’m a Master Sommelier, but I have degrees in finance and economics and so in my education, diversification means both among investment classes, and then potentially, within a class for that subset of the portfolio. I could be misinterpreting, but it sounds like you were saying just have the SP 500 in your portfolioand skip debt as a class. although I read more wine and agriculture literature than finance literature, these days, I haven’t heard that.
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It sounds like your come from your comment that you are saying there should be no debt at all. I think this article was specifically about bonds and thus the comment was diversification within that investment class. I’m a Master Sommelier, but I have degrees in finance and economics and so in my education, diversification means both among investment classes, and then potentially, within a class for that subset of the portfolio. I could be misinterpreting, but it sounds like you were saying just have the SP 500 in your portfolioand skip debt as a class. although I read more wine and agriculture literature than finance literature, these days, I haven’t heard that.
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Link to comment from May 24, 2025