Do investors reduce their exposure to risk as they age? Discuss the research evidence.

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Behavioral Finance

ISBN: 9780190868741

1st Edition

Authors: H. Kent Baker, Greg Filbeck, John R. Nofsinger

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Question Posted: Feb 23, 2024 04:00 AM

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Do investors reduce their exposure to risk as they age? Discuss the research evidence.

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Korniotis and Kumar 2009 find that even if investors do not reduce their holdings of risky assets as ...View the full answer

Behavioral Finance

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