Reported about 2 months ago
The conventional investment strategy advocates for a 60/40 portfolio split between stocks and bonds, but experts argue that younger investors, especially millennials and Gen Z, may not need bonds at this stage in their lives. With decades ahead to invest, their focus should be on leveraging stock market growth instead of seeking stability through bonds, which have shown diminishing diversification benefits and have been negatively affected by rising interest rates and inflation.
Source: YAHOO