I know you’ve probably heard this a thousand times before, but let me personally wish you and yours a very happy New Year. Let’s hope it’s far more prosperous than 2008. In fact, I’ll start off today’s Cabot Wealth Advisory with some data that suggests it’s likely. Every month, the American Association of Individual Investors (AAII) polls its readers on their current portfolio’s stance–how much they have invested in stocks, how much in bonds, and how much in cash. AAII’s been doing this since late 1987, and it has the history posted on their (subscriber-only) Web site. Looking at...
