Investing Insights

The 60/40 portfolio has proven it’s here to stay, but it can benefit from a refresh like other classics. The total portfolio approach refines the 60/40. It takes a closer look at the components of the plain-vanilla portfolio and considers how risky they are. The goal is to help investors stay disciplined as market conditions change for the better or worse. Jason Kephart has written about the total portfolio approach. He’s a senior principal of multi-asset  manager research for Morningstar. How a Total Portfolio Approach Can Improve the 60/40 Portfolio  Morningstar’s Tax-Planning and IRA Resources for 2026 On this episode:  00:00:00 Welcome 00:01:20 Total Portfolio Approach vs 60/40 Portfolio 00:01:52 How Growth and Stability Work 00:03:30 Why High-Yield Bonds Wouldn’t Go into Stability 00:04:30 Stocks That Might Be Better Suited for Stability than Growth 00:06:52 Challenges of the Total Portfolio Approach 00:08:49 How Investors Can Use This Strategy Watch more from Morningstar: Why REIT ETFs Still Work as Rea