People always say, "make sure your investments are diverse." But honestly, MSCI All-World and FTSE All-World are so incredibly limited. You’re literally getting exposure to just ONE planet's economy. Talk about extreme home bias!
Where is the real diversification? I want an MSCI Milky-Way! Give me that FTSE All-Universe! I need Andromeda emerging markets, Alpha Centauri real estate, and Martian terraforming infrastructure to balance out my terrestrial risk.
Until my broker figures out interplanetary asset allocation, my portfolio remains dangerously concentrated in "Earth."
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