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Robert Kiyosaki has declared the traditional 60/40 investment portfolio dead following Morgan Stanley’s adoption of a 60/20/20 allocation model. The “Rich Dad Poor Dad” author argues the conventional approach failed when President Nixon removed the dollar from the gold standard in 1971. The traditional 60/40 portfolio allocated 60% to stocks and 40% to bonds. Financial […] Read The Full Article Kiyosaki Declares 60/40 Portfolio Dead as Morgan Stanley Adds Gold Allocation On Coin Edition.
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