The classic 60/40 portfolio has lost fans. They’re intrigued by 25/25/25/25.
It’s no secret investors have been disappointed lately with the classic 60/40 investment strategy. Can the so-called “permanent” portfolio provide an alternative? Recent returns look good, but there are risks. The permanent portfolio is a nickname some investors give to a strategy of splitting your holdings equally among four major asset classes: stocks, bonds, gold,…