60/40 Asset Allocation Portfolios: Farewell to a Classic Wall Street Sales Pitch
They haven't worked in years. Not that many have noticed. Which is probably the point.
Earlier today, my latest article at Seeking Alpha (where I publish under Sungarden Investment Publishing), gave my updated views on 60/40 portfolios. I’ve been chronicling this popular but highly overrated attempt to simplify investing for the masses for a long time. In fact, if you simply go into your favorite AI and type what does Rob Isbitts think of 60/40? you’ll get more than you bargained for!
Seeking Alpha is a subscription platform, and a very good one. But I think they may allow non-subscribers to read one or two articles a month to try it out. So if that link above works, you can try to check it out directly. Subscribers there, whether you follow me there or not, can find it easily.
Those articles are often more detailed than many of my posts here, as that’s the idea of Seeking Alpha. So from time to time, if I write something there that is based on large part on the key tenets of what we do here at ETFYourself.com (writing) and at ROAR.PiTrade.com (portfolio-building and model access), I want you to see it too.
There are some limits to re-purposing that material, but I am able to deliver essentially a “highlights” version. And that’s what I’m doing here. Because the simplicity of the little research exercise I did in that article is precisely what I’ve been emphasizing in live sessions and in my blog work here.
I hope this version helps you stay informed. I think this it covers one of the most important DIY investing topics of our time. And few people are in the position I am to discuss it freely. I explain here: