Citing statistics showing the top 5% of Japanese savers do only slightly better than the bottom 5% of U.S. investors, AllianceBernstein suggests that excessive conservatism is the greater risk.This podcast (4:39) argues that aggressive vs. conservative is a false dichotomy, that it’s the investing process that matters. Indeed, being aggressive and conservative at the same time can help investors achieve their goals with less anguish along the way.
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