Conversely, in the event you commit as well aggressively if you're more mature, you could possibly depart your discounts subjected to market volatility, which could erode the value of the assets at an age when you have much less possibilities to recoup your losses. Exactly where σ²p signifies portfolio variance, https://spencerkswac.mdkblog.com/44054799/the-ultimate-guide-to-value-retention