Assume the rest of the portfolio is nearly all in equities and that the Traditional IRA represents a small (less than 5%) portion of the overall portfolio.
Would it be better as a young investor to be basically all in equities everywhere, or to have almost all equities but maintain a hedge against an uncertain future by holding the entire Traditional IRA in EDV?
I am aware EDV in isolation can be very volatile and lose a lot of value, so the Traditional IRA could then lose a lot of value, but is that a problem so long as the portfolio is viewed overall as a whole and still holding nearly all stocks?
Or would it still make more sense to just stick with VT in the Traditional IRA, under the assumption that it is simpler and arguably has higher expected returns than EDV in the long run anyways?