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Associated Press News

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Business & Economics

How to build a portfolio you don’t have to babysit

Associated Press News
Summary
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73% Informative

Christine Benz is director of personal finance and retirement planning at Morningstar.com .

She says the “right” asset allocation is often a moving target as retirement approaches.

For your cash holdings, focus on products that are low-cost, well-diversified, and low-maintenance.