Giving
advice on investment portfolios without regard to a client’s age,
family condition, and needs, is ridiculous. Everyone has a different
investing time horizon and current and future income needs.
Those
factors affect the choice and percentages of securities. And where
bonds are chosen, the “duration” of the bonds and the
practicality of low-cost fund automatic reinvestment of
earnings are paramount. (See the Earl J. Weinreb NewsHole®
comments.)
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