You'll also see how we manage that lack of liquidity. The biggest thing we do is we show you a whole list of bonds that we think are attractive, not just the bond that we're recommending. So it allows for you to kind of look into the market with us and see what we're doing in addition to the actual recommendations that we make. So it's both.
And that's why – again, it's a liquidity issue that really prevents us from putting it in the Total Portfolio. We want the Total Portfolio to be very easy to use. And buying bonds often takes weeks and weeks and weeks of calling your broker this website. Now, I think it's worth doing. But I don't think that most of the users of the Total Portfolio would agree. And so we're not going to probably – I'm not saying we'll never have a bond in there. But it's certainly not something we can build a hold bond portfolio as part of the Total Portfolio. It just won't work. It's not liquid enough. Now, having said all that, I think you should think of your portfolio as being a 50-50 proposition. You should have 50% of your investments in stuff that is a very firm financial foundation, whether that's distressed debt, whether that's property and casualty insurance companies, or whether that's very interesting kinds of fixed income that you can buy through the stock market that I mentioned earlier: Annaly and Blackstone commercial mortgage. So if you've got half of your portfolio in stuff that's going to make you around 10% a year or more, mostly in the form of coupons and dividend payments, half your portfolio is in that, it's going to be very hard for you to have a bad year in the stock market. And that I think should be everybody's goal. I don't care about beating the S&P 500 when the S&P is up 20%. What I care about is not ever losing money. And I want to make at least 10% a year on my investments. Buck Sexton: All right. That's going to be it for the mailbag for this week, everybody. Remember: you can write to us at [email protected]. If we use your question on the show, we'll send some Stansberry Research goodies. And if you want to check out how Richard Smith's TradeStops beats the billionaires and how it can help you become a better investor, just go to TradeStopsOffer.com. That's TradeStopsOffer.com. Love us or hate us, just don't ignore us. Mr. Porter, thank you so much, sir. Porter Stansberry: Buck, it was a pleasure. Today was a long one. Thanks for sticking with us, everybody. And we'll see you next week. Buck Sexton: Yeah. We had fun. See you next time, everyone. [Music plays] Announcer: Thank you for listening to the Stansberry Investor Hour. To access today's notes and receive notice of upcoming episodes, go to InvestorHour.com and enter your e-mail. Have a question for Porter and Buck? Send them an e-mail at [email protected]. If we use your question on air, we'll send you one of our studio mugs. This broadcast is provided for entertainment purposes only and should not be considered personalized investment advice. Trading stocks and all other financial instruments involves risk. You should not make any investment decision based solely on what you hear. Stansberry Investor Hour is produced by Stansberry Research and is copyrighted by the Stansberry Radio Network. [End of Audio]
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