John Allen, the chief investment officer of wealth management firm Aspiriant, said investors can design a sturdy, low-risk portfolio with just seven exchange-traded funds. Allen is concerned about the threat of another big sell-off, saying US stocks are overpriced by about 35%, and he expects years of weak returns. He’s telling investors to put half their funds in bonds and alternative assets, which can offer similar returns with less risk. Visit Business Insider’s homepage for more stories.
With so many investors making the same kinds of bets today, John Allen — chief investment officer of wealth management
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