Stocks soared in 2024, with the S&P 500 gaining 23%, marking the best two-year returns since 1997 and 1998. This may have thrown off the allocation of your portfolio, as stocks outperformed bonds significantly (U.S. bonds returned only 1%). Financial advisors recommend rebalancing portfolios to maintain the desired asset allocation, especially for long-term investors with a target mix of stocks and bonds.
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British man reported missing in Cambodia found in jail accused of drug smuggling
A British man, Robert Brown, 41, from Newcastle, was reported missing in Cambodia just hours before his arrest at Phnom Penh International Airport for attempting to smuggle nearly 20kg of cannabis worth £200,000 into the UK. Facing charges of drug trafficking, he could face up to 30 years in prison if convicted, as announced by the capital's anti-drug department. Explain It To Me Like I'm 5: A British man named Robert Brown, who was reported...
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