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Dollarlogic
book

Dollarlogic

by Andy Martin
November 2015
Intermediate to advanced content levelIntermediate to advanced
256 pages
4h 27m
English
Career Press
Content preview from Dollarlogic

 ~ DAY 6 ~ 

Don’t Chase Returns, Chase Odds:

Diversify—But Diversify Wisely and Widely

My ventures are not in one bottom trusted, Nor to one place; nor is my whole estate Upon the fortune of this present year.

Therefore my merchandise makes me not sad.

—William Shakespeare, The Merchant of Venice

After five days (chapters) you may now believe me when I say that stocks are less risky than bonds. But this is only because you know that I mean that balanced against long-term retirement income needs, you have a greater chance of reaching your objectives if you invest in stocks. But you also are a student of the market and know that, just as it did in 2008, the stock market can drop by 37% (the S&P 500, in this case) or more in one year.

So what do ...

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Publisher Resources

ISBN: 9781632650207