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Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106) 



JOURNAL OF APPLIED BUSINESS AND ECONOMICS


Examination of Fixed Income Securities Pooled with the S&P Index for Retirement Diversification: From Convertibles to Treasuries to Cash Alternatives


Author(s): Armand Picou

Citation: Armand Picou, (2021) "Examination of Fixed Income Securities Pooled with the S&P Index for Retirement Diversification: From Convertibles to Treasuries to Cash Alternatives," Journal of Applied Business and Economics, Vol. 23, Iss.2,  pp. 35-44

Article Type: Research paper

Publisher: North American Business Press

​Abstract:

We examine the returns of retirement portfolios containing a diversified stock selection and various fixed income combinations to determine the best risk return tradeoffs for the 10 years 2010 -2019. The classic 60/40 Equity/Debt holds the track record for delivering returns while reducing risk. For comparison, we test for the optimal mix and 70/30, 80/20 among others; for the 10 years in the study. The lowest risk return combinations for a 60/40 mix were found; with Municipal Securities dominating followed by Preferred Stocks, US High Yield, and Convertibles. The worst performing 60/40 combinations were made with International Bonds, Treasury Bills, and Government Bonds excluding U.S.