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Burton Malkiel: Investing for 2016 in an Expensive Market
Diversify broadly, control your costs, add some foreign stocks and resist the urge to sell your bonds. How do you invest when everything is expensive? U.S. stocks are selling at more than 25 times their cyclically adjusted earnings. Bond yields are unusually low (the 10-year U.S. Treasury yields about 2.25%), and interest rates are likely to
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Posted: December 30, 2015 Wednesday 06:07 PM