Mastering Emotions and Maximizing Energy in Financial Decisions (Best of 2023 SB1455)
The Stacking Benjamins Show
00:00
The Drawbacks of Target-Date Funds
In this chapter, they discuss the concept of target-date funds and the potential drawbacks of using them. They question the strategy of buying a target-date fund and then trying to modify it by purchasing additional funds outside of it. They also mention a three-fund portfolio approach and highlight the difference in returns between a simple three-fund portfolio and one that includes additional asset classes. They emphasize the importance of diversification and caution against chasing after the latest investment trends.
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Transcript
