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BofA just flagged the best portfolio strategy since the Great Depression

Most people think they have a balanced portfolio.They don’t. They have whatever their 401(k) menu offered 15 years ago, plus a target-date fund, plus the slow accumulation of mistakes that come from never rebalancing.For two generations, the default answer to “how should I invest?” has been some version of the 60/40 split, with 60% in stocks and 40% in bonds,…

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