In my book Who’s Investing Your Money?, I warned about the coming financial storm. Well, It’s here!
In it, I discussed how a typical 60/40 stock/bond or balanced mutual fund portfolio would no longer provide the long term returns you need to meet your retirement goals. Stocks will underperform, and bonds will offer very little return going forward.
For your portfolio to recover and continue to provide you with the long-term returns you have come to expect, you will need to add Alternative Asset Classes such as Private Real Estate and Private Equity to your portfolio.