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ALERT

Industrial Giant Impresses with 19% Gain

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Growth, not income.

That’s the conventional wisdom regarding the optimal investment orientation for younger investors. The philosophy behind it is logical: when investors are young — say in their 20s through 40s — they can afford to assume greater investment risk. Since they have many years to go before needing their nest egg, they can better weather the market declines that will inevitably occur over their investing time horizon, so it makes sense to shoot for the higher returns that often come with assuming higher risks.

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