The older investors get, the more conservative they tend to be with their money. That’s not the bravado of youth fading away — that’s sound strategy.
After all, it’s one thing to play fast and loose when you’re young, but investors nearing retirement don’t have a lot of time to make up for bets gone bad.
Unfortunately, many Americans today don’t have the luxury of doing what worked for their parents and grandparents. In…
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