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Why the classic stock and bond investment strategy doesn’t work
Why the classic stock and bond investment strategy doesn’t work
During their 50-year marriage, Dave and Kathy Lindenstruth adopted a time-honored Wall Street strategy to protect and grow their retirement nest egg: a mix of 60% U.S. stocks and 40% bonds known as wallet name 60-40. Today, they lack that.
“There were a few days more recently where I looked at my portfolio and I was like, ‘oh, shit,’” Dave Lindenstruth said.
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