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Investment Policy to Save You from Yourself
Jane Bryant Quinn in Bloomberg News
Jan. 30, 2008
Excerpt: Investment policies come in two parts. First, an asset allocation. You decide what percentage of your money you will keep in stocks and how much in bonds. A simple example would be 60 percent stocks, 40 percent bonds. Within those broad categories, you create subsets -- a certain percentage allocation to large and small U.S. stocks, international stocks, emerging markets, Treasuries, high-yield bonds and so on.
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