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As far as risk/reward goes, we can keep a given balance in any time-horizon. We can be risk-adverse, say, short-term or long-term." Myron underlined the arrow. "What we don't want to do is mix up the two. Short term and long-term investments are different. Not only are the investments themselves different, but someone who is patient and looks far ahead won't be happy with in-and-out activity.
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