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BrandyBraden BrandyBraden
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2 years ago
Under the variable-ratio plan, additional speculative investments are made when the ratio

▸ of conservative investments to speculative investments increases by 10%.

▸ of the rate of return on the speculative investments exceeds the overall market return by 1% or more.

▸ of the realized rate of return falls below the desired rate of return by 1% or more.

▸ of the value of the speculative investments to the total portfolio value drops below a predetermined level.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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isababycookieisababycookie
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