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

by Haim Levy

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...

• Format: Hardcover
• Language: English
• ISBN: 9811250146
• ISBN13: 9789811250149
• Release Date: April 2022
• Publisher: World Scientific Publishing Company
• Length: 496 Pages
• Weight: 1.82 lbs.
• Dimensions: 1.1" x 6.0" x 9.0"