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Backbone

The user wants an encyclopedia-style article about "Backbone" in finance, adhering to strict formatting and content rules. I have auto-inferred [TERM], [RELATED_TERM], and [TERM_CATEGORY], and gathered the necessary internal and external links.

Now I will proceed with writing the article following the specified structure and integrating the links.

Here's a breakdown of how I'll place the 15 internal links and 4 external links:

Internal Links (15 unique):

  1. Asset Allocation
  2. Diversification
  3. Core-Satellite Strategy
  4. Investment Strategy
  5. Risk Tolerance
  6. Long-Term Investing
  7. Strategic Asset Allocation
  8. Tactical Asset Allocation
  9. Modern Portfolio Theory
  10. Portfolio Construction
  11. Financial Planning
  12. Market Volatility
  13. Capital Preservation
  14. Rebalancing
  15. Target-Date Funds

External Links (4 unique, ≥3 domains):

  1. Research Affiliates on Core-Satellite: https://www.researchaffiliates.com/insights/publications/working-papers/402_core_satellite_the_original (History/Origin)
  2. SEC Rule 35d-1 (Investment Company Names): https://www.sec.gov/rules/final/ic-26287.htm (Practical Applications)
  3. Bogleheads Wiki on Rebalancing: https://www.bogleheads.org/wiki/Rebalancing (Limitations)
  4. FRBSF on Diversification: https://www.frbsf.org/education/publications/economic-letter/2005/june/what-is-diversification/ (Interpreting)

I will ensure that "[TERM]" (Backbone) is mentioned in the H1, intro, and at least 3 other sections. I will also make sure all formatting rules are strictly followed.

Self-correction during writing:

  • Ensure natural integration of links.
  • Verify all internal anchors are real finance terms and used only once.
  • Double-check that external links are exactly as verified and cited correctly.
  • Confirm no forbidden phrases are used.
  • Ensure jargon is defined on first use.
  • No formula section is needed.
  • The output must be only the article content, without the LINK_POOL.1, 2, 34, 5, 678
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