Advertisement | | | 💵 The 60/40 Portfolio Isn’t Dead Yet | A 60/40 portfolio – a mix of 60% stocks and 40% bonds – has returned about 10% on average since 1945. | That fell apart last year when that portfolio lost 17%. It was the biggest loss for the 60/40 portfolio since 1937 according to Leuthold Group. | The logic of the split? When the economy is going well, stocks will outperform bonds. And when stocks fall, bonds often outperform. At least when inflation and interest rates are low, as they were for a long time. | Luckily, the 60/40 portfolio was +6.7% through nine months of 2023. And the long-term outlook is pretty optimistic. | Clark preaches patience when it comes to investing. Build consistent savings habits, don’t try to time the market and stay invested even during the relatively rare bad years. | | 💵 Today’s Top Stories | | | The average used car has fallen 5.8% in price in the last year. But one vehicle has fallen 28.9%, topping the list of used cars with the largest price decreases. Read more. |
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| | | Sometimes insurance companies decide to fire you as a customer. Here are the main culprits – and what to do to make sure you still get insurance coverage. Read more. |
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| | | A Clark listener owns two rental properties generating $70,000 a year in profit. Should he sell one or both and put the money in the stock market instead? Read more. |
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| | | Protecting your data and privacy in 2023 is like playing a game of Whack-A-Mole, Clark says. This app, which Clark tested, can help you make inroads in minutes. Read more. |
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| | 📊 Stat of the Day | | | 💰️ Deal Alert: Today’s Top Deals | | | | | 🎙️ Podcast | | Full Show: Habits of Super Savers and Protect Yourself Online |
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| Are you a super saver? There are key choices you can make that empower you and help you take control of your financial future. Also, websites are giving you choices to “protect” your privacy but some tricks exist that do the opposite. Clark shares what you need to know to protect yourself. | | | ☎️ Need Money Help? | The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information. | | Advertisement | | | Did You Enjoy Today’s Newsletter?Let us know what you think so we can better serve you! | |
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