Not the 60/40. Here is what you need in your portfolio: Bank of America
Instead of the 60/40 portfolio, investors may want to consider a 25/25/25/25 portfolio to pick up some extra returns, according to Bank of America’s Michael Hartnett. The portfolio has outperformed the traditional allocation of 60% stocks and 40% bonds so far this year, as well as last year, he told CNBC. It consists of an…