ANCHOR — Bonds and cash

Four guides brought you here: you know why you invest, what portfolio you are building, how you choose its products and what system runs it. All of that, however, mostly concerned the offensive side: the stocks, the return engine. The final guide of the series belongs to the other side: the defensive part of the portfolio, meaning bonds, cash and gold. From here on the guide will call it the defence.

The main role of bonds, cash and the "quiet" assets is not to chase the most spectacular years. Their job is to be there on the bad days, when everything else is falling: to cut the depth of the drop, to give you liquidity when everyone is selling and, most importantly, to keep you calm so that the RHYTHM guide system keeps working.

Time to build your defence.