Lost your password?
Don't have an account? Sign Up

Bank of America; Market on track to its worst returns in years

It’s been a brutal year for stocks and bonds alike!

The 60/40 Portfolio Is Delivering Its Worst Returns in a Century

Tweet on BoFa market outook

BoFa:Chart on yearly market fluctuations

That marks the worst performance for the classic portfolio in the past 100 years.

Investors with the 60/40 portfolio who put 60% of their money into the stock market, and 40% of their money into bonds are down 34% for the year, according to Bank of America.

The appeal of the 60/40 portfolio is that when stocks have a bad year, bonds usually deliver some relief. What’s made this year’s selloff so painful for so many investors is the fact that very few trades have worked.

source:Bank of America