What is the purpose for adjusting your asset allocation as you age? Why wouldnt the best or

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What is the purpose for adjusting your asset allocation as you age? Why wouldn’t “the best” or highest returning portfolio always be prudent?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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