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Federal Reserve Bank of St. Louis
The Regional Economist
The Role of Age in Determining Stock-Bond Investment Mix
Guillaume Vandenbroucke
Abstract

Economic reasoning suggests that people should invest heavily in stocks when young and then shift to less-risky bonds as they grow older. Yet U.S. households don’t appear to be following this investment pattern.


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Guillaume Vandenbroucke, "The Role of Age in Determining Stock-Bond Investment Mix" , Federal Reserve Bank of St. Louis, The Regional Economist, volume 26, issue 4, 2018.
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