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Joe is discussing his retirement investments with Lon and tells him that he will only invest in bonds. Lon, on the other hand, says that

Joe is discussing his retirement investments with Lon and tells him that he will only invest in bonds. Lon, on the other hand, says that he prefers stocks for his retirement investments. Discuss who is correct and the advantages/disadvantages of investing in stocks and bonds. What additional information would be helpful, concerning Joe and Lon, in this discussion?

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