866-Friday Q&A: Target Date Fund Debacle, Making Summer Productive, Medicaid Trust, Etc.
Radical Personal Finance
00:00
The Life Cycle Fund Is Not Wrong
Grace: I have never myself invested into a life cycle fund, nor have i ever recommended one. My preference is to say that the i try to get people to be more aggressive with their portfolios and own more stocks than bonds. But at its core, i am persuaded myself that there is a fundamental truth that owners make more money than lenders overtime. And so for those sons, i'm biased against target date retirement funds. Grace: If you've got a ten to 20 year time line, you're going to be better off if you own more companies during that period.
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