MacroMashup

MacroMashup

Why I Abandoned 60/40—and You Should Too

Neil Winward's avatar
Neil Winward
Jun 17, 2025
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The death of the “easy button” portfolio strategy

For two decades (2020-2020), the 60/40 portfolio (60% stocks, 40% bonds) was gospel.

It promised:

  • Long-term growth from equities

  • Safety and income from b…

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