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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."
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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