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Sallie Mae Manage Your Loans - Voluntary Forbearance Request: Pre-approval. Trader Mike – Daily Market Recaps. Are you done with stocks? A no-stock portfolio could work. By Adam Shell, USA TODAY NEW YORK — If you are risk averse, retired or nearing retirement, or just hate the thought of losing money, you probably view stocks as the financial equivalent of an atomic bomb. You know what could happen to your nest egg if the stock market blows up. The dot-com-driven stock plunge in 2000 and the Great Depression-like losses suffered in the recent financial crisis taught you all you need to know about the risks of owning stocks. What if you never bought a stock again? What if you had a portfolio with zero exposure — yes, zero — to stocks?
Don Luskin, chief investment officer at Trend Macrolytics, sums up the traditional Wall Street take on this issue: "It makes no sense to have a portfolio without stocks. Having some of money in stocks also guarantees you won't miss out on rallies. 'I don't think they are insane' The worst one-year return for a no-stock portfolio with 90% bonds and 10% cash since 1926 was a loss of 14.3%.
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