Don't settle on diversification, says BlackRock noting a traditionally diversified portfolio...
Don't settle on diversification, says BlackRock noting a traditionally diversified portfolio (60% SPY, 40% AGG) would have done decently over the last 15 years, but a truly diversified portfolio - 12% SPY, 12% mid-caps (IJH), 12% small caps (IJR), 12% MSCI EAFE (EFA), 12% emerging markets (EEM), and the rest fixed income (AGG, TLT, HYG) - would have done far better.
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