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This is roughly what I do, but 99% of investors aren't capable of managing their own investments. Target retirement funds are "set it and forget it". I do, how
by yummyfajitas 11y ago
This is roughly what I do, but 99% of investors aren't capable of managing their own investments. Target retirement funds are "set it and forget it".
I do, however, have a smallish vanguard target retirement fund left over from my academic days. It's actually performing pretty well.
- jgalt212 11y agoExactly this > "set it and forget it". Even though the fees for Vanguards targeted retirement date fees are much higher than a weighted average of one of their money market and index funds, these fees are still really low and as such, the "set it and forget it" function is very useful and valuable (certainly when considered in a behavioral economics framework where one may not be as disciplined with re-balancing as the models indicate).