IDEAS home Printed from https://ideas.repec.org/b/wsi/wsbook/12665.html
   My bibliography  Save this book

Stocks, Bonds, and the Investment Horizon:Decision-Making for the Long Run

Author

Listed:
  • Haim Levy

    (The Hebrew University of Jerusalem, Israel)

Abstract

A century ago, life expectancy was roughly 40 years, hence all income could be consumed, as for most people, there was no need to save for retirement. Today, things have drastically changed: Life expectancy exceeds 80 years in many countries, and one should expect to live and consume many years after retirement. Thus, we have many investors with various investment horizons, where the length of the investment horizon becomes a crucial factor in determining the best investment diversification.

Suggested Citation

  • Haim Levy, 2022. "Stocks, Bonds, and the Investment Horizon:Decision-Making for the Long Run," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 12665, December.
    • Handle: RePEc:wsi:wsbook:12665
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/worldscibooks/10.1142/12665
    Download Restriction: Ebook Access is available upon purchase
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Stocks for the Long Run; Mean — Variance Rule and the Horizon; Stochastic Dominance and the Horizon; Sharpe Ratio and the Horizon; Prospect Theory and the Horizon;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G1 - Financial Economics - - General Financial Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wsbook:12665. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.