If people put money away for long-term goals rather than near-term expenses, why are their investment decisions so short-sighted? Over the past 30 years, we have seen investment time horizons become shorter and shorter, writes Michael Roberge, MFS Investment Management's co-CEO and CIO.
A parent with 15 years to save for college might actually change investments after three years – less time than it takes for their child to earn a degree. The sponsors in charge of overseeing retirement...
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