[malthaus]

And it is still (by a mile) the best advice you can give someone who (1) doesn't rely on the money in the short term and (2) doesn't want to spend mental capacity on managing his money.

The only difference i'd suggest for people who want to spend 1% more mental capacity is to mix their ETF up so they have global and other-assets exposure.

People like to feel in control, like to gamble, like to be clever, like to know a secret trick. But they are just lying to themselves.

No matter the macroeconomical circumstances, there's no magical risk/return profile that will beat stocks until there's a significant paradigm shift (and no, a minor recession after a period of weird monetary policies isn't it)