The weekend is a time when most households catch up with the news, housekeeping, shopping, and rest. This week’s news articles were overwhelmed with retirement plans, allocation, and the market. I assume it was partly due to the recent release of the myRA plan from the Treasury Department. This is what’s happening in the news.
Does the 60/40 rule makes sense in today’s world? You be the judge for your own money.
The 60/40 stock-and-bond portfolio mix is dead in 2016
Investors may now see more corporate bonds in their fixed income portfolio due to their managers using as a hedge against the selling in Treasury.
Corporate bonds draw bids amid rate-hike inspired Treasury selloff
Bahiyah Shabazz is the President of Shabazz Management Group, Fabulous & Money Savvy and BROWN GIRLS DO INVE$T. She has appeared and given financial advice on various media outlets, and is the author of Women Building Wealth.