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JAN 09, 2013 - Business Insider

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FINANCIAL ADVISOR INSIGHTS: Investors Shouldn't Abandon The Classic Balanced Portfolio Just Yet

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Vanguard Warns Against Ditching The 60/40 Portfolio (Investment News) Fran Kinniry, principal at Vanguard's investment strategy group says that investors and advisors shouldn't kiss away the classic balanced portfolio that calls for 60 percent stocks and 40 percent bonds just yet.  Kinniry says in the next decade this strategy could return less than half its historical average of about eight or nine percent but that it could be the best option for managing risk. This ... Read More

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