Here’s a classic problem for schoolteachers: What do you do with a problem student? Kick him out of your class or nurture him toward his full capacity? There is no simple answer, although patience is a good starting point.

The same is true when considering the “problem children” in an investment portfolio — that is, the asset classes that are underperforming. In recent years, three particular laggards have been cash, commodities and non-U.S. bonds.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access