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Dave Nadig
2:27
So what does a low-risk portfolio look like?  Bonds, of shorter duration most likely.  Maybe some liquid, investment grade corporates.  Maybe some gold or other hard asset exposure.
And if you have a small allocation to equities, you'd traditionally look for lower volatility, defensive options.
2:28
But I wouldn't approach the question from an ".. if there's a recession." perspective.  I'd approach it from a "my tolerance for a significant loss in the next 5 years is low."
2:29
OK, that's a wrap for today.  We'll have a transcript up shortly.  I think next week we'll have to skip for travel reasons, so everyone have a great holiday weekend after this, and a great weekend.
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