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Hot take: I think the 60/40 portfolio mix is outdated advice now
I followed that rule for a decade, but after rates started rising in 2022, my bond portion kept losing value. I've shifted to holding more cash in a high-yield savings account for my 'safe' money. Does anyone else think the old rules need a serious update?
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vera_johnson95mo ago
Rules from a different economy, right?
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jason_lewis36mo ago
Wait, you stuck with that for a whole decade?
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michaeltorres6mo ago
Man, that's nothing. I knew a guy who kept the same flip phone from 2005 until they literally turned off the 3G network.
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