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Long-Term Investor - Long-Term Investor is a person who makes investments for a period of five years in order to finance his or her long-term goals. Some hypothesis favor a one portfolio for all financier approach, emphasizing a best mix of assets program. The more traditional approach, which developed out of mean variance analysis some fifty years ago, tailors an individual's portfolio to his or her age, young investors should take more risk with stocks, and attitudes toward risk, conservative investors should hold more cash. Research suggests that long-term portfolio choice is a complex issue, and that some conventional wisdom is not wise. |