Quote:
Originally Posted by Solanopete
Unfortunately, asset allocation gets too little attention by many investors and advisors. No matter how many times we go through significant selloffs, many investors get caught too heavily invested in equities. They and their advisors didn't adjust as they approached retirement to protect growth earned in the good times.
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That's why they invented Target Retirement Funds. For people like me who are bored to tears with this stuff. Years ago I just parked my 401K's and IRA's in TRF's and let it ride.
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