"The Surprising Neglect of a Profitable Investment Strategy by Leading Financial Advisors"

The 60-40 portfolio, which allocates 60% to stocks and 40% to bonds, has made a comeback in 2023, delivering over 11% returns so far this year. However, despite its historical popularity, many financial advisors rarely use this strategy. The 60-40 portfolio is seen as a generic option that may not suit individual investors' specific needs and goals. Wealth managers often tailor portfolios based on factors such as age, income, risk tolerance, and investment objectives. While the 60-40 portfolio remains a solid starting point, professionals suggest spicing it up with alternative investments like private credit and municipal bonds to enhance returns and reduce risk.