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Lifestyle Protection vs. Fixed Horizon Strategies
When is a Lifestyle Protection strategy appropriate, vs. Fixed Horizon? I read Chp. 18 back in March and am reading my notes, but it's not going in....
- Lifestyle Protection strategy talks about sustainable spending vs. potential loss.
- Fixed-Planning Horizon strategy talks about amount of capital that could be lost, as a "horizon date" approaches (coinciding with major life event)
Can anyone give any color? maybe an example? |
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发表于 2011-7-11 20:00
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