Courtesy Everett Collection
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The best retirement financial advice you can get might be to get more sleep.
That is the provocative implication of recent research that examined investors’ financial risk-taking following periods when their sleep was disrupted.
I concede that advice to get more sleep is hardly new, since we’ve been hearing that most of our lives — and the advice is honored more in the breach than in the observance. Furthermore, retirees typically would like to sleep more, but can’t — due to the disruptions in sleep patterns that are a normal part of the aging process. But that doesn’t change what this new research shows: Sleep disruptions can have very serious, real-world consequences for your portfolio.
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Mark Hulbert has been tracking the advice of more than 160 financial newsletters since 1980.
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