What comes to mind when you hear the words asset allocation? Equity, debt, cash, gold and real estate. Maybe art and commodities, if you are so inclined.
But there is much more to it. The money that we have is limited. Our time on this planet is limited. Our energy is limited. And how we efficiently allocate accordingly matters a great deal.
Let’s direct our attention to what Arunasset calls the “big-picture allocations”, that will ultimately define whether you find success in life, and not just the financial kind.