7Yu2RU The visitor of the museum of Apron in the Brent, Bibb County occasionally broke Mixing bowl of 23 century before Christ, after which he had to sell his house to pay off with the Allied Group
Nickolsof KY4:07PM September 11, 2008
The target date funds are great for specifiic people. I run into employees all the time that do not know much about investing and don't even know where to begin when it comes to allocating their company retirement plan assets. Rather than choosing some arbitrary allocation (or defaulting to stable value or equivalent), these people have the option to put their money into a fund that will become more conservative as retirement approaches.
I still recommend that these funds are watched over time and changed to another target date fund if the previous fund was too conservative or aggressive. An important thing to remember is a huge chunk of qualified retirement assets out there will not change or be rebalanced until distribution. That being said, those particular investors are usually much better off in a target date fund (even if the proper stock/bond allocation is off by 5-15%) than they are in the stable value for 30 years or a 100% equity portfolio through retirement.
If you are an experienced and somewhat active investor, I believe you will always be able to more closely match your personal risk tolerance to your investments if you choose the funds yourself.
of VA11:18AM June 09, 2008
The absurd conclusions of these bull market geniuses is fertile ground for breach of fiduciary duty lawsuits when their "stocks always do best" mantra fails like it did last Friday as the venerable Dow shed 400 points. Timing is everything. Those that can't do it well rely on the pretense they should always buy stocks and hold.
As stated by the great John Maynard Keynes 'in the long run were all dead'.
As a matter of safety; the default "investmnet" should be riskless [i.e. neither stocks or bonds], as bonds can be equally erratic.
buckof TX12:42AM June 09, 2008
You can always switch to another investment, such as a target-date fund with a date that is earlier or later than the original date you chose..
IMO, many of the target-date funds are too conservative. Equities are a necessary component for those who are planning for a long retirement - in many cases, especially for those who are retiring in their 50s, they need to plan for 30 - 40 years in retirement.
aj485of TX8:49AM May 27, 2008
You can always switch to another investment, such as a target-date fund with a date that is earlier or later than the original date you chose..
IMO, many of the target-date funds are too conservative. Equities are a necessary component for those who are planning for a long retirement - in many cases, especially for those who are retiring in their 50s, they need to plan for 30 - 40 years in retirement.
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Nickols of KY 4:07PM September 11, 2008
of VA 11:18AM June 09, 2008
buck of TX 12:42AM June 09, 2008
aj485 of TX 8:49AM May 27, 2008
aj485 of 8:49AM May 27, 2008