liquidity mix of ETFs, index funds

lower cost index funds, buy and hold, low turn over
tax efficiency iDeCo, NISA
lower volatity diversification
stability reduce reliance on picking stocks, fund mananager
asset allocation reduce risk, timing is less important
disipline buy and hold, less active, low turn over, accounts

satellite provide alternative, ability to change in the future

core index fund

Traditional Asset Allocation

shares
bonds
commodity
REIT