Hmmm...looks like the pick your portfolio mix according to your age and William Bernstein have some legs.
SSRN-id2558207.pdf
Stock Bonds Mix
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- MachineGhost
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Re: Stock Bonds Mix
Lowering duration risk as you approach retirement seems like the right thing to do. That's all the age thing does very crudely.
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Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Stock Bonds Mix
Here's a link to the abstract: http://papers.ssrn.com/sol3/papers.cfm? ... id=2558207dualstow wrote: Feels like there's something missing here.