What's The Future of Money?
The Stacking Benjamins Show
00:00
Is the 60 Fort Portfolio a Reference Point for the Wealth Management Industry?
The traditional 60 forty balance portfolio is quickly losing its importance as a reference point for the wealth management industry. Equity markets are at record levels while bonds are paying next to nothing, and in some cases, even providing negative yields. Cash and cash equivalents finding it impossible to keep place with the persistence of inflation. Jim mac donald, chief investment strategist at northern truss, says he would bet a meaningful number of people allocated to a 60 forty portfolio should be in a higher risk portfolio.
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