njhowie
Thinks s/he gets paid by the post
- Joined
- Mar 11, 2012
- Messages
- 3,941
The ‘sleep easy’ portfolio recommended by your adviser may be riskier than you think
https://www.marketwatch.com/story/your-portfolio-may-be-riskier-than-you-think-2018-10-11
Conventional wisdom says that a “balanced” portfolio of stocks and bonds will cushion you from shocks and make sure your savings keep growing in all markets. It’s the philosophy behind nearly all financial advice offered in America today, and one that’s taught in most finance courses.
It’s also the theory behind those “balanced” index funds, “target date” funds and “glide path” funds that try to offer you a one-stop portfolio. It’s also the theory behind the portfolios offered by most “robo advisers.”
There’s just one problem: History says it may be wrong.
https://www.marketwatch.com/story/your-portfolio-may-be-riskier-than-you-think-2018-10-11
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