BlackRock Chief Executive Officer Larry Fink is proposing a new tweak to an age-old investing formula.
Instead of a traditional 60/40 split between stocks and bonds, the prominent asset manager wants everyday investors to branch out and diversify into private market assets.
“The future standard portfolio may look more like 50/30/20 — stocks, bonds, and private assets like real estate, infrastructure, and private credit,” Fink wrote in his annual letter to clients this week.
#investing #investingadvice #investingforbeginners #stocks
