Question
why did the proportion of equities in long-term funds increases from 38.3 percent in 1990 to more than 70 percent by 2000 and then decreases
why did the proportion of equities in long-term funds increases from 38.3 percent in 1990 to more than 70 percent by 2000 and then decreases to 56.4 percent in 2015? How might an investor's preference for a mutual funds objectives change over time?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
