Wealthy Portfolios: Asset Allocation and Returns

Wealthy households don't get there by guessing the next hot stock. The data says they win on the boring parts first — what they hold, where they hold it, and how little their spending grows.

This episode walks through six strategies pulled from security-level portfolio data: setting asset allocation first, using asset location for a tax boost, broad indexing over private alternatives, core and growth buckets, closing the freedom gap, and only picking individual stocks when there's a real moat.