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FYI: Thus far, 2014 has proven to be another good, albeit more modest, year for investors. While the US equity market is not as strong as it was last year, other markets are behaving better and it’s hard to find any asset category down for the year to date. Regards, Ted http://www2.morganstanley.com/wealth/investmentstrategies/pdfs/gic_onthemarkets.pdf
Interesting article. The conservative asset allocation profiles have a lot of cash which is a losing proposition and has been for years. Personally I would not hold that much in cash these days.
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