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“Bank” Some of Your Gains

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Photo Credit: Scoobyfoo=======================Recently I read Jonathan Clements’ piece Enough Already.  The basic idea was to encourage older investors who have made gains in the risk assets, typically stocks, though it would apply to high yield bonds and other non-guaranteed investments that are highly correlated with stocks.  His pithy way of phrasing it is:If I have already won the game, why would I keep playing?His inspiration for the piece stems… Read entire story.

Source: The Aleph Blog

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