With growing confusion over absolute return and lifestyling, is the real variable time invested rather than return?
There are two concepts I don't understand in today's investment landscape - absolute return and lifestyling. Take absolute return. Everyone invests to make money. People are only prepared to invest in relative terms when they are convinced the market is going up. They are investing for absolute returns using relative return products. Similarly, everyone invests to suit their lifestyle - maintaining or improving it. Relative or absolute, the best way to make more money is to invest for longer. Start saving earlier or stop saving later. The real variable is time. These categories ar...
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