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Long-term Investing Requires Stocks - Financial Myth?

Friday, May 7, 2010 - 7:40 AM
University of Boston finance and economics professor Zvi Bodie doesn't support the conventional wisdom that one should rely on stocks for long-term investing. This article at The Wealthy Boomer reviews Bodie's latest presentation in which he continues "to question the financial industry's most-cited contention that stocks become safe in the long run because of time diversification, or that the only way to reduce risk is diversification."
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Ken TuminKen Tumin5,441 posts since
Nov 29, 2009
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