Radical Thoughts on Long-Term Investing

Jul 27, 2006 / By Elaine Floyd, CFP®
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Traditionally, we've built portfolios based on the idea that an investor with a longer time horizon can handle the risk of a larger allocation to equities. However, the order of returns—whether they come late in the holding period or early—can make stocks just as risky 20 years out as they are today.

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