The belief that time diversification reduces risk underlies the current
drive to invest Social Security funds in stocks. But is such investment
prudent? We discuss the role of advisors in providing prudent advice,
changes in the standards of prudence over...
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The belief that time diversification reduces risk underlies the current
drive to invest Social Security funds in stocks. But is such investment
prudent? We discuss the role of advisors in providing prudent advice,
changes in the standards of prudence over time, the use of time
diversification in guiding investors to prudent portfolios, and its use in the
current debate on Social Security.
http://www.fisherinvestments.com/
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