We head into another summer weekend here at the Jersey Shore. Before you log off for the weekend, be sure to tune in to the Mullooly Asset Podcast! A new episode drops this afternoon, but you can catch up on last week’s episode here.
Here’s what I’ve been reading this morning:
‘The New 60/40 Portfolio’ – Michael Batnick – The Irrelevant Investor
- The generic 60/40 portfolio has had one of the best track records of any portfolio construction in recent times. Michael writes about how with interest rates so low, it’s near impossible to expect the same average returns. Is 72/25 the new 60/40? Check out the post to find out.
‘The Sector Bell Curve’ – Tom Mullooly – Jersey Shore Financial Advisor
- Building off of his last post, Tom takes a look at the sector bell curve and shows where all of the sectors currently rank. Oversold sectors skew to the left, and overbought to the right. He explains what each side means, and where you can generally expect things to go from there.
‘Is an Annuity Right For You?’ – Christine Benz – Morningstar
- Annuities (rightfully) take a lot of heat from the financial industry, but sometimes they do make sense for clients. Christine asks a few very important questions that people need to answer in order to determine if an annuity is actually appropriate for their situation.
‘The Mixed Case for Private Equity in Retirement Plans’ – Anne Tergesen – The Wall Street Journal
- For a long time private equity has been, well, private. Individual, everyday investors rarely had access to it. That’s changing. Private equity funds are slowly making their way into retirement plans, and there is a good case to be made for why that is a dangerous, unnecessary idea.