search query: @author Bodie, Z. / total: 14
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| Author: | Bodie, Z. Crane, D. |
| Title: | Personal investing: advice, theory, and evidence |
| Journal: | Financial Analysts' Journal
1997 : NOV-DEC, VOL. 53:6, p. 13-23 |
| Index terms: | FINANCIAL ANALYSIS THEORIES INVESTMENT |
| Language: | eng |
| Abstract: | Data from a unique survey containing information on the composition of the respondents' total asset holdings -- both inside and outside their retirement accounts -- shed light on individual asset-allocation behavior. Individual asset allocations are consistent with the recommendations of expert practitioners and with the prescriptions of economic theory. The survey respondents maintain in cash and near-cash investments a proportion of their wealth that declines as wealth increases. |
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