Browsing Personal Financial Planning faculty publications and presentations (MU) by Identifier "https://doi.org/10.1080/13504851.2015.1128067"
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Prior investment outcomes and stock investment in defined contribution plans
(2016)In this study, we employ the 2001-2013 Survey of Consumer Finances to examine how prior investment outcomes affect portfolio allocation in defined contribution (DC) plans. Results show that investors with prior gains are ...