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Bar Is Raised for TSC Portfolio Planners
Perhaps reflecting higher investor expectations, TheStreet.com's Portfolio Planners are taking an aggressive approach to the new year.
On the heels of last year's 85.6% gain for the tech-dominated Nasdaq Composite index, TSC's quartet of planners has increased their portfolios' allocations to technology and growth funds. And after a miserable 1999, in which the average general domestic taxable bond fund gained just 0.5%, some of the planners are shifting bond fund assets into such alternatives as floating-rate and convertible bond funds.
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