23-12-2019, 09:19 PM
I find this interesting coz Becky is the default choice when interviewing WB & she has been doing it for at least several years. Influenced by WB ? *hee hee*
Imho, the % allocation depends on the age & risk profile of the investor too, and it is better for a person to live below his/her means, i.e. if cannot make a lot of money, then have to adjust lifestyle accordingly .... I know it's sad, but that's reality.
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‘I’m 100% in equities. … You’re never going to make enough money if you have 40% of your money in bonds,’ says CNBC anchor
By Mark DeCambre, Published: Dec 21, 2019 8:45 a.m. ET
Merrill Lynch’s head of wealth management, Andy Sieg, says he’s more than 80% stocks in his personal portfolio.....
‘I’m 100% in equities.’ That’s Becky Quick .......
Quick’s commentary, however, is worth noting, coming as the widely held belief that the ideal portfolio mix — 60% in equities and 40% in bonds — has increasingly come into question.“You’re never going to make enough money if you have 40% of your money in bonds,” Quick said. “I have some cash so that I make sure that I have a cushion so that I’m not locked into it, but I don’t have anything in bonds.”.......
And it hasn’t been just Merrill Lynch and its parent B. of A. that have been reconsidering the standard 60-40 portfolio construction. A number of wealth managers and large financial firms have been rethinking the ideal mix of assets in recent months, notes MarketWatch’s Chris Matthews.......
https://www.marketwatch.com/story/im-100...2019-12-19
Imho, the % allocation depends on the age & risk profile of the investor too, and it is better for a person to live below his/her means, i.e. if cannot make a lot of money, then have to adjust lifestyle accordingly .... I know it's sad, but that's reality.
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‘I’m 100% in equities. … You’re never going to make enough money if you have 40% of your money in bonds,’ says CNBC anchor
By Mark DeCambre, Published: Dec 21, 2019 8:45 a.m. ET
Merrill Lynch’s head of wealth management, Andy Sieg, says he’s more than 80% stocks in his personal portfolio.....
‘I’m 100% in equities.’ That’s Becky Quick .......
Quick’s commentary, however, is worth noting, coming as the widely held belief that the ideal portfolio mix — 60% in equities and 40% in bonds — has increasingly come into question.“You’re never going to make enough money if you have 40% of your money in bonds,” Quick said. “I have some cash so that I make sure that I have a cushion so that I’m not locked into it, but I don’t have anything in bonds.”.......
And it hasn’t been just Merrill Lynch and its parent B. of A. that have been reconsidering the standard 60-40 portfolio construction. A number of wealth managers and large financial firms have been rethinking the ideal mix of assets in recent months, notes MarketWatch’s Chris Matthews.......
https://www.marketwatch.com/story/im-100...2019-12-19