Friday, June 24, 2005

Investments and Life Insurance are not independent decisions

SSRN-Human Capital, Asset Allocation, and Life Insurance by Roger Ibbotson, Peng Chen, Moshe Milevsky, Xingnong Zhu: "Human Capital, Asset Allocation, and Life Insurance"Executive Summary (Don't you think that sounds better than abstract?)You should look at life insurance as another asset in your portfolio.Ibbotson, Chen, Milevsky, and Zhu tell us that we can not make investment and life

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