Podcasts Business Investing WEALTHTRACK Rising Interest Rates: How to Realign Your Portfolio

Rising Interest Rates: How to Realign Your Portfolio

Published: Sept. 8, 2023, 11:35 p.m.

Is the 60/40 Portfolio Is Obsolete?

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The traditional 60/40 portfolio of 60% stocks and 40% bonds has been a staple of investment advice for decades. But in 2022, it failed to deliver the goods, declining about 16%.

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Mark Cortazzo says that the rapid rise in interest rates has caused a "massive change" in fixed-income returns. This means that traditional safe assets are back, and it's time to reset portfolios.

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Cortazzo is a Senior Vice President and Financial Advisor with the Wealth Enhancement Group. He has over 30 years of experience in the financial industry and has been named a Barron's Top Advisor for thirteen years.

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Cortazzo discusses the massive reset in returns and what it means for investors. He also provides tips on how to realign your portfolio for the new environment.

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WEALTHTRACK episode 2011 broadcast on September 8, 2023

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More Info: https://wealthtrack.com/rising-interest-rates-mean-massive-changes-in-fixed-income-returns-traditional-safe-assets-are-back/

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Bookshelf

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Your Future Self: How to Make Tomorrow Better Today : https://amzn.to/3P2MI4o

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The Four Pillars of Investing, Second Edition: Lessons for Building a Winning Portfolio: https://amzn.to/3r2osYf

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