How Investment Advisors Rip You Off with Ramit Sethi (Netflix's "How To Get Rich")
Erika Taught Me
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How to Choose the Right Target Date Fund for You
There are lots of great low cost companies. In terms of expense ratios, that's really what matters. And I like to start with a target date fund. This is one of the most beautiful instruments ever created in finance. Within that pie chart, your target date fund automatically changes over time. Right now it will own a lot of stocks,. But over time as you get older, it will become more conservative. We don't want Granny having 95% in equities. When you're younger, you want to be a little bit more risk-seeking. That change from 90% stocks to maybe 85 and lower, it's called rebalancing. Rami: Humans absolutely suck at
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