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Time vs Money: How the Clock Transforms Your Investments

Many Happy Returns

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Navigating Time Horizons in Investment

This chapter explores how different time horizons affect risk tolerance and investment strategies, particularly distinguishing between equities and bonds. It emphasizes the significance of flexibility in asset allocation for both accumulating wealth and managing risks as one approaches retirement. The discussion includes the role of annuities, liquidity, and the psychological factors that influence investor behavior in the face of market volatility.

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