u/shobogenzo93

Historical 20-year rolling returns for broad global equity indexes have been positive and have beaten inflation; cash has near-zero volatility but guaranteed long-term purchasing power loss. If investors stop using volatility as risk, they are more likely to hold productive equity assets over cash, especially over multi-decade horizons. Owning a globally diversified equity index fits the author's long-term thesis of compounding real wealth while avoiding the false safety of cash. Future returns may differ from historical data; 20-year horizons can still have severe drawdowns; inflation and currency factors could impact global equities; investor behavior may not withstand volatility. No other actionable trade ideas are clearly supported by the post.

Author includes GOOG in a 20-stock portfolio designed to outperform over the long term. Inclusion implies conviction in GOOG’s durable competitive advantages and long-term compounding power. Treat as a long-term quality compounder, not a tactical trade. 4. RIS