《贵金属投资技术分析英文版50.pptVIP

Chapter 22 Investors and the Investment Process * * * It is not that long term investments are less risky, they are not. Rather young people have time to recover from periods of poor performance and can choose to work more and save more if need be. * Mutual funds are very competitive and many have evolved to meet certain niches such as income funds, growth funds, sector funds, etc. Under the Investment Company Act of 1940 mutual funds must invest according to the goals in the prospectus. * * A couple of points may be worth noting here. First, life insurance claims are more predictable th