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Playing It Safe As A Long-Term Strategy

Wednesday, February 29, 2012 - 7:05 AM
Unlike most investment "experts", Professor Zvi Bodie doesn't buy into the conventional wisdom that stocks should be the foundation of long-term investing. In this Morningstar interview, he discusses some topics of his new book Risk Less and Prosper:
Stocks are risky, no matter how long the investor's horizon. But if you have a strong safety net in place, you can buy stocks or other risky assets. How much (and how adventurously) you participate depends on how strong your safety net is.

Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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