Asset Guide
A guide for those starting from scratch. Each asset is explained clearly: what it is, how it is priced, its risk level, where it stands relative to historical highs and lows, and whether it is (or is not) a good time to buy.
No prior knowledge needed. Start with the lowest-risk assets (Cash/CDI, IPCA+ Treasury) and work your way up. The badge color indicates risk: green = low yellow = medium red = high
No jargon: what the stock exchange is, what a brokerage is, what a ticker is, what an advisor does, and how to place your first buy order.
Own real estate with little capital and receive monthly rent, IR-exempt. Types, tickers ending in 11, and P/BV (price-to-book).
The assets, one by one
The portfolio's "dry powder": yields close to the Selic (Brazil's benchmark rate) and remains available for emergencies and opportunities.
A Brazilian government bond that pays IPCA (inflation) plus a real interest rate. Protects purchasing power over the long term.
US Treasury bonds — the world's safest credit — tradeable on B3 (Brazil's stock exchange). Moves with TLT and USD/BRL.
The world's reserve currency. Removes Brazil-specific risk from the equation and protects when the Brazilian real depreciates.
A millennia-old hedge against crises and currency debasement. Generates no income, but preserves value.
The entire Brazilian stock market in one asset, with dividends reinvested. Rises a lot and falls a lot.
The 500 largest US companies, in US dollars. The stock market that has created the most value in the world over the long term.
The largest cryptocurrency, with a capped supply. An asymmetric bet that can fall 70% — only money you can afford to lose.