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The practical importance of an investment philosophy (access required)

Every investor needs to grapple with a few bedrock decisions to approach investing with success, but there is one decision that rules them all: choosing an investment philosophy. Every investor must decide upon an asset allocation strategy. Which asset classes should you own, and how should you allocate your funds across the asset classes you select? ...

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Have mutual funds become obsolete? (access required)

Mutual funds are essentially a 1920s innovation. The modern mutual fund dates back to 1924 with the creation of the ...