Burton Malkiel: Buy Munis, Foreign Bonds, and Dividend Stocks
by Geoff Considine Burton Malkiel, Princeton professor and author of A Random Walk Down Wall Street, had an Op Ed piece in the Wall Street Journal on December 7th that advocates rethinking simple indexed portfolios. While Vanguard has recently published research asserting the superiority of a simple asset allocation made up of 50% allocation in a stock index and 50% allocation [...]
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