Investment research has long shown that an investor does best by holding investments in a variety of different assets whose returns are not closely correlated. This type of investing, known as “asset class investing,” has plenty of support in academic research and in practice. In general, a well-diversified asset-class portfolio behaves in a more stable fashion over time and, given […]
Month: August 2004
Death is a certainty, but many do not plan for it
Every living American will die, but more than half of them have not made adequate—or even any—preparations for that inevitable event. A recent survey by Lawyers.com found that about 60% of Americans do not even have a basic will. In addition, about 70% do not have a living will or health care directive. Only 27% have a medical proxy and […]
