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Age-appropriate guidelines for investing

20-SomethingsThese investors can afford more risk because they have more time. The highest total return is in equities, so a diversification of 80 percent equities and 20 percent bonds is OK.

Buying individual stocks can be very complicated, said Michael Kresh, president of M.D. Kresh Financial Services in Islandia. Money-market funds that diversify for you are a good move.

The 30s and...

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