Jason Zweig

If you bought the market as a whole,

you certainly didn't do well.

You lost about roughly 45% over that three-year period.

But then the stock market came roaring back.

And what I find interesting is if you subtracted the so-called Magnificent Seven, the biggest tech stocks in the country, from last year's 17.9% return, U.S.

stocks were still up about 10%.

So the non-AI stocks

gained more than 10%, which is almost exactly their long-term average return.

So how much damage a collapse in AI would do isn't totally clear.

I think it would be very harmful, but I think the stock market would recover maybe faster than people would expect.

We'll be right back.

Diversify.

You know, you should basically own everything.

The U.S.

is roughly two thirds of the total valuation of all the stocks on the planet.

So if you have all your money in U.S.

stocks, you're missing out on a third of all the opportunities out there.

So really the key is if you want to sleep well at night,

The greater the variety of assets you own, the less you should have to worry that any particular investment you own can kill you.

It's a piece of what you own.