Asset Allocation: Projecting a Glide Path
You could spend as long tapping your nest egg as you’ve spent creating it, so your asset allocation strategy is important. Read more in this week’s Financial Tip.
Mixed Results
Indices ended mixed on Monday. Alcoa, Cisco, and Intel led the Dow’s descent. The S&P 500 closed fractionally in the red zone, while the Nasdaq posted slight gains. Moves were mixed on news that Japan’s economy expanded at a slower-than-anticipated annual pace of 1.4% in the April-June quarter.