The case against target retirement funds
Target retirement funds consider only asset allocation for a person’s age. Further most of these funds are composed of funds from the same family giving the investor less diversification than you would think. Lastly many of the funds in these target funds are bloated.
My advice is to come up with your own asset allocation and buy mutual funds to fit your needs. Short of that if you unwilling to do that invest in a couple of good balanced funds.
The case against target retirement funds
Monday, February 15, 2010
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