More Americans Are Betting On Crypto, Private Equity And Alternatives, Skipping The Old 60/40
American investors are rewriting what it means to invest successfully in today’s market environment; two-thirds say they look beyond stocks and bonds to alternative assets to diversify and tailor their portfolios, according to Charles Schwab (NASDAQ:SCHW).
That’s a significant shift away from the foundational approach of counting on stocks and bonds to build an investment portfolio. The survey found that stocks, mutual funds and bonds remain core holdings, but 42% of American investors view the classic 60/40 portfolio (60% stocks and 40% bonds) often pushed by financial advisors as outdated.
“It’s never been a better time to be a retail investor,” Jonathan Craig, head of retail investing at Charles Schwab, said in a…
