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Holding only equities since 1970 could have given you several potential heart failures but little more in the way of actual return compared with holding
"Holding only equities since 1970 could have given you several potential heart failures but little more in the way of actual return compared with holding a portfolio of 60 per cent equities and 40 per cent bonds. When equities fell in March 2000, and then in 2008-09, bonds did very well, for example." Critically evaluate and discuss this statement. In your answer, refer to theory and provide evidence where suitable
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