Longer-term Treasury yields have hit their highest levels in 16 years, causing their value to plummet, and stocks are expensive. Investors now need to lower their expectations and play defense.
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Your ‘set it and forget It’ 401(k) made you rich. No more
An investor who put $1,000 into a 60/40 portfolio at the end of 1981, even after adjusting for inflation, had $18,728 by the end of 2020.
