I note however that the global cap has stocks at around $90Tn, land/properties are up at $280Tn whilst debt is $250Tn.
In which case, as you can only buy a sampled version, over that of buying a equal proportionate share, the cap weighted portfolio should be of the order of a 90% mortgaged home and stocks of value 32% of that house value. £280K home value, £90K in stocks, £250K mortgage.
Which is pretty high leverage, £120K capital, £370K asset value, over 3x leverage factor.
Rebalancing to that ... and anyone know where a retiree might secure a £9M mortgage and/or where a £10M property might be up for sale?
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