Bank of America had declared that the traditional 60-40 portfolio for investors was “dead”, but Brendan and Tom gave their take on the matter in the Mullooly Asset Podcast last week. Check it out below.
Here’s what I’ve been reading this morning:
- Brendan and Tom talk about the 60-40 portfolio, allocation “defaults” in general, and what they mean for investors.
- Nick breaks down how much someone should be willing to sacrifice in surrender fees to move into a cheaper portfolio.
- Some big life events are easy to foresee ahead of time, but often times big transitions happen unexpectedly.
- Jason tells the tale of the market crash in 1929 and what people often forget about it.