Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Edmund (Ned) Notzon

According to the June 2 2008 issue of Forbes interview of Edmund (Ned) Notzon, Chairman of the Asset Allocation Committee for T. Rowe Price:

 

“Investors who can sleep through the bumps should weight their holdings heavily toward stocks. Investors in their 20’s and 30’s should hold at least 90% of assets in stocks and cut that only to 55% at age 65” he recommends. “Given inflation’s corrosive effects, even octogenarians should hold 40% of their stash in stocks, throttling back to 20% at age 95, and then only if they don’t care much about what’s left for heirs”

   &nbs... -- Edmund (Ned) Notzon, T. Rowe Price