This chapter explores the benefits and drawbacks of target date funds, including the variation in glide paths and the potential risks of long duration bonds. The speakers discuss the trade-off in offering a predetermined investment option and emphasize the importance of individualized investment profiles.
Ricky Mulvey caught up with Jules van Binsbergen, a finance professor at the University of Pennsylvania’s Wharton School, to talk about market sentiment, savings goals, and how to prepare for periods with lower rates of return. They also discuss:
- Disconnects between the real economy and financial markets,
- Whether the US stock market is merely a “lucky survivor,”
- And the dangers of institutional thinking – in investing and academia.
Tickers discussed: NOK, BTC
Host: Ricky Mulvey
Guest: Jules van Binsbergen
Producer: Mary Long
Engineer: Rick Engdahl
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