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March 18, 2005
AARP’S Credibility Is Worse Than I Thought!
In my last post I linked to my column back in January that pointed out that the AARP had, on its website in conjunction with Scudder investments, a definition of “diversify.” My point was that AARP’s knew that investing in the stock market was nothing like gambling. This was the definition:the strategy of investing in a number of securities to help reduce the risk of price fluctuations in one security. This strategy is also applicable to investing in a number of industries (or in the case of international investing -- countries) to help reduce the risk of price fluctuations in one industry (or country).Here’s the new little development: That definition is no longer on the AARP’s website. Indeed, it seems that the entire glossary on the site is gone. It’s not listed on the site map, and running “glossary” through the search function yields no hits. I ran the definition through Google and sure enough, the only thing that comes up is my article. I wonder why the AARP has taken down the glossary. Maybe it’s just a website upgrade.
Posted by David Hogberg at March 18, 2005 11:55 AM | Print
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