Forget 60/40. Blackrock Larry Fink wants investors to accept 50/30/20.

Forget 60/40. Blackrock Larry Fink wants investors to accept 50/30/20.

Blackrock CEO, Larry Fink, offers a new aex for a centuries -old investment formula. Instead of a traditional division of 60/40 between shares and bonds, the famous asset manager wants daily investors to branch and diversify in the assets of the private market. “The future standard portfolio may look more like 50/30/20 – shares, bonds … Read more

Fidelity says this is a surprising risk of holding too much money – do you have too much?

Fidelity says this is a surprising risk of holding too much money – do you have too much?

Jonathan Weiss / Shutterstock.com Cash feels like the most favorable bet for most people. It is stable, predictable and always there when you need it. But according to Fidelity studies, having too much money can quietly erode your wealth rather than protect it. With the fall of interest rates and inflation is still crawling, the … Read more