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Re:Three Delusions: Paper Wealth, a Booming Economy, and Bit... by shostack on Sunday December 24, 2017 @12:27AM (#15998124)
So the risk and form that the payment stream takes (ie. bond coupons are different from rental property income) might both be $100 for example, but if someone is overindexed in real estate in their portfolio, there may be more value to them in the bond?
Re:Three Delusions: Paper Wealth, a Booming Economy, and Bit... by lmm on Sunday December 24, 2017 @02:53AM (#15998520)
Yeah. A risk profile isn't just a percentage, it's also a question of what it's correlated with.