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The Shrinking Investor Behavior Gap

Human beings respond to danger. For some, the natural instinct is to run, while others prefer to fight back. When it comes to the market, investors would do well to fight that innate reaction. It seems, for the most part, that they have.This new paper from Vanguard “Fund industry’s asset mix offers encouraging sign” shows that the volatility of investors mix of stocks bonds and cash has come way down over t…

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