While saving for retirement, is a 60/40 portfolio — a strategy of allocating 60% of investments into equities and 40% into fixed-income securities and bonds — the way to go for all investors? Evans May Wealth Managing Partner Brooke May joins Brad Smith to talk about which type of investors a 60/40 approach does and doesn't work for, and the environment enabling this investing strategy. "When you look at fixed income, you get principle appreciation when yields go down. So as the Fed [Federal Reserve] comes in and starts to cut [interest] rates, bond yields will come down, which means the price of those bonds go up," May says. "So investors right now can get 4.5, 5% on corporate bonds. And they very well could get some principle appreciation over the next few years. So that 40% allocated to fixed income isn't going to be the drag on the portfolio as it was over the last ten years." For more expert insight and the latest market action, click here to watch this full episode of Wealth! Editor's note: This article was written by Luke Carberry Mogan.
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