We know we should save and invest but how should we invest? We’ve seen from a previous article that we should dollar cost average to even out our entry price. But what should we invest in? I’m a big believer in following (scratch that, copying) the best. Who are the best asset managers over the long term? I’m going to talk about two: David Swensen, CIO of Yale University Endowment and Ray Dalio, co-CIO and founder of Bridgewater Associates, and look at the asset allocations that they use. What is an asset allocation? An asset allocation is how your asset classes within your portfolio are divided. An asset class is a type of asset, so one asset class could be stocks (equities), it could be bonds (fixed income), it could be property, gold or just straight cash. It could even be cryptocurrency :). So for many people, their major asset class is …[Read More]