The Five Layers of Investing - Which Layers Is Your Portfolio Allocated?
In Episode 491, we explore the five layers of investing, including which assets fit into each layer, and give examples of advertisements targeting each layer.
The five layers are:
1. Short-term trading
2. Longer-term speculations
3. Individual securities
4. Diversified portfolios focused on underlying drivers and factors
5. Maximum diversification with few changes and just a few holdings
