Give the benefit of the doubt to the classic 60% stock/40% bond portfolio. That’s not easy, given its awful performance so far this year. On Jun. 13, the day the S&P 500
SPX,
officially entered bear-market territory by closing more than 20% below its Jan. 3 high, long-term U.S. Treasurys were sitting on an even bigger loss — down 22.1%, as judged by the Vanguard Long-Term Treasury ETF
VGLT,
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The plunging value of bitcoin has hurt investors in cryptocurrency everywhere. The stakes are especially high in El Salvador, the indebted Central American country whose president has spent hundreds of millions of dollars in taxpayer […]
Warren Buffett likes buying businesses. He’s also very good at it. You don’t become one of the world’s richest billionaires and most famous investors without a knack for spotting a solid business model. Buffett is […]
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