Individual investors have been told for decades, “You should allocate your life savings 60% to stocks and 40% to bonds.” Pundits have repeatedly claimed that a rather large allocation of 40% to bond funds would cushion investors against losses during bear markets in stocks. If that actually worked, it would be great. But it doesn’t. See Newsletter #57.

Muscular Portfolios have given investors a much smoother ride than the S&P 500’s bear-market collapse in 2022–2023. (The index subjected investors to a maximum drawdown of 25% last autumn.)  JPMorgan’s Marko Kolanovic — Institutional Investor’s No. 1-rated equity strategist for 10 years in a row — is predicting that the S&P 500 is likely to fall another 20%. See Newsletter #56.

It’s always been said that Muscular Portfolios provide better-than-market returns without the agony of the S&P 500’s periodic crashes. Now it turns out that the formulas are so easy that even a 7-year-old girl was able to start managing — by herself — the strategy known as the Papa Bear. See Newsletter #55.

A flash crash is a large, sudden drop in the price of an equity index. Despite the unlikely event that such a collapse will affect one of your trades, it’s good to know the secret to sidestepping them — which may save you a chunk of change some time in the future. See Newsletter #54.

There are signs that the US and world economies are heading into a global recession. No one can predict whether equities will hit new lows or somehow magically recover. Thankfully, the two Muscular Portfolios are outperforming in the current bear market. See Newsletter #53.

An independent data-analysis firm provides additional findings that Muscular Portfolios give you slightly better performance if they’re reallocated each month on a particular day. But tuning up a portfolio one or two days before or after also provides good performance. See Newsletter #52.

Monte Carlo analysis shows that a Muscular Portfolio is highly likely to put more money in your pocket than a buy-and-hold of a “vanilla” 60/40 portfolio. See Newsletter #51.

We now have a record going back five decades — with independent confirmation from different data-analysis services. When we stitch together the various time series, we see that the portfolios have outperformed the total return of the S&P 500 for 50 years. See Newsletter #50.

Over the past 15 years and 11 months, according to independent data-analysis firms, both of the two Muscular Portfolios have outperformed the S&P 500 on every measure — most importantly, compound annualized growth rate, maximum daily drawdown, and Martin ratio. See Newsletter #49.