Here’s how to invest to take advantage of the best outlook for long-term investors since 2010, according to JPMorgan Asset Management

• The forward outlook for investors is the best since 2010, according to JPMorgan Asset Management.
• Dismal returns for stocks and bonds this year have created an attractive entry point.
• Here are the top asset classes to target during this rare buying opportunity in markets.

This year is on pace to be the worst for stocks since 2008, but the long-term investing outlook is as promising as it’s been since 2010, according to JPMorgan Asset Management (JPMAM).

A portfolio of 60% stocks and 40% bonds is expected to return 7.2% over the next 10-15 years, according to JPMAM’s long-term capital market assumptions report released on November 8.

That’s a sharp departure from last year, when the firm warned that stretched stock valuations meant that a classic 60-40 portfolio would fetch just 4.3% per year for the next decade or so. Bank of America was even more bearish at the time and called for 0% returns through 2031.