<p>Well, since we’ve turned the OP into an(other) investment thread …</p>
<p>I’ve had no luck at all communicating any investment approach other than “buy and hold equities … and yeah five percent international large caps would be OK, if kept in a mutual fund.” My gold bug friends say the same thing about trying to explain their favored investment. Otherwise smart people trip all over themselves at simple questions: “OK, you use asset allocation and rebalance annually … what makes annually better than other time periods?”</p>