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In a bubble market, what's a new investor to do? Add to ...

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My 25-year-old nephew just landed his first full-time job and wants to start investing. But in what?

The answer would once have been simple. A well diversified portfolio of domestic and international stocks, with a reasonable helping of bonds on the side, could have been counted on to produce decent returns for him in just about any economic environment.

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Follow on Twitter: @IanMcGugan

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