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Old1,
What is meant by a "rolling average"?
When you say "asset preservation" does that mean don't sell and just hope for a rebound? If so, I'm guessing their investments are with companies that have been around a long time and have weathered the downs as well as benefitted from the ups -- a very conservative and prudent approach.
One problem I see with that (though, admittedly, I don't closely follow the market) is that investing in "blue chip" companies (if that's what they are doing) is not as secure as it once was. Everything appears to happen much faster in this highly competitive, global economy, and what was once a very wise place to put one's funds may be far riskier today. I realize that new companies take over as blue chippers but their hold seems far more tenuous, hence riskier investments for the long haul.
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