It is common wisdom that the longer you have to invest, the more risk you can take - because if you lose money, you have plenty of time to make it up. And that's true. But that's not the full story.
Marc Lichtenfeld, InvestmentU
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Articles by Marc Lichtenfeld, InvestmentU
Markets do crash. Oil certainly has in the past few months. Stocks crashed in 2007. It happens. But usually, it doesn't.
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