The classic 60-40 investment strategy falls apart. ‘There’s no place to hide.

For many decades, financial experts have recommended that people in the United States

who are saving for retirement make investments in a portfolio that includes both stocks and bonds. 

The concept was easily understood. Their portfolios went well when the stock market did well, and vice versa.

To illustrate, a fixed deposit (FD) may not be the best way to save for your child's college education

In addition, when the stock market had a poor year, bonds typically performed better

which helped to compensate for the losses.

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