Allocation
The 60/40 Portfolio: The History and the Debate
The 60/40 portfolio is balanced investing's reference mix, anchored by a 1986 pension study, shaken by 2022, and defended and criticized in roughly equal…
Allocation and Portfolio Strategy
The structural layer of a portfolio: setting target weights, choosing rebalancing bands, correcting drift, and what each move costs in tax and spread.
Allocation
Bond Ladders vs. Bond Funds: How They Compare
Bond ladders return principal on a fixed schedule while bond funds roll maturities indefinitely — two structures with documented tradeoffs in income, duration,…
Allocation
Cash as an Asset Class: What It Actually Does
Cash is the portfolio's liquidity layer: near-zero price risk, a yield that follows policy rates, and a documented long-run cost that frames the allocation…