On October 2, Dr. Horstmeyer, a professor of finance at George Mason University, reported the results of a study for the Wall Street Journal titled Should Investors Create Their Own Target-Date Fund?
Target date funds, usually mutual funds or exchange-traded funds, invest with an increasingly conservative asset allocation as the target date approaches. There are over 2000 of them. They consistently underperform the Monday Morning approach to investing.
For a successful investment strategy, asset allocation is more important than stock selection or market timing. We will deal with this important subject in a webinar on Sunday, March 6, 2022, at 7:30 PM. Please mark that in your calendar.
From Prof. Horstmyer’s study:You need to login to view the rest of the content. Please Login. Not a Member? You can now sign up for $12 for a one-year membership. Join Us