Most financial advisors build portfolios with one main goal — reduce risk.
Modern Portfolio Theory emphasizes diversification and risk-adjusted returns.

That’s why so many portfolios include bonds — even though bonds have underperformed the S&P by 7 percentage points per year.

But here’s the question:
👉 Does short-term risk really matter if you’re holding for decades?

A wiggle in prices today doesn’t change what your portfolio will be worth 25 years from now.
In fact, those drawdowns create opportunities — to buy more at deeply discounted prices.

The Stars Model embraces this philosophy.
By staying 100% invested, it has outperformed the S&P by 19 percentage points per year over the past 14 years.

The real risk may not be volatility —
it’s the lost opportunity cost of sitting on the sidelines.