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> A slight over simplification, for example s&p was negative 1% per year from Jan 2000 to Dec 2009. Plus the cost of your leverage.

For the 2000s, a US-only investor would only have been saved from the S&P500 by having at least 20% bonds and rebalancing:

* https://www.forbes.com/sites/advisor/2010/09/13/its-not-real...

Of course if you were not US-only, but rather internationally diversified (and rebalanced), you would also have been fine. Diversification is important, even for Americans (cited sources in the description):

* https://www.youtube.com/watch?v=1FXuMs6YRCY



Thanks for the great video on international diversification.

I noticed he has another on the related topic of bias toward investing in one’s home country.

https://youtu.be/qYedjI03Q0g?si=-wOqSA96cmScFInq




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