10. Studies that simulate the value of an investment portfolio under alternative mixes of stocks and bonds...
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10. Studies that simulate the value of an investment portfolio under alternative mixes of stocks and bonds invariably demonstrate that higher stock allocations produce higher returns, particularly as the holding period increases. If you as an investor have a time horizon that is reasonably long, say over ten years, and you have no current income needs, could you justify holding any bonds in your portfolio?
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Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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