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Sargen: Our typical balanced portfolio allocation is 65% stocks, 35% bonds.
He seemed like your typical portfolio manager".
Other things being equal, Professor Stambaugh says, you would probably lower your portfolio allocation to stocks.
When the market was roaring in 1999, Mr. Biggs recommended a portfolio allocation of 65percentt equities.
"Today, there is a greater inward look at the region, a tendency to rethink portfolio allocation".
More important, investors have historically shown a "home bias" in their portfolio allocation.
America's current-account deficit today may be driven mainly by shifts in international portfolio allocation.
Consequently, intra-fund family incentive frictions will impact managers' portfolio allocation decisions.
Rebalancing helps control the portfolio allocation.
This is nothing short of a revolution in portfolio allocation.
The Core-4 portfolio allocation to stocks and bonds varies depending on each investor's needs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com