5 Rules Of The Road: How To Invest A Conservative Portfolio In The Current Environment

Conservative investors with a healthy allocation to municipal bonds have done very well for themselves over the past two decades without having to grapple with the increasing volatility in the equity markets.  Rates have remained low and demand has been high - why invest in equities when the average return for a 10 year Treasury Bond has been close to 10% over the past 30 years?