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loco5niner
11 months ago
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It's all fun and games until somebody loses their ...
I've usually seen those called 'Target Date' retirement funds in the US, and they automatically rebalance your investments.
ryandrake
11 months ago
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The Target Date funds often charge high fees. You pay for automation that you could do yourself.
plorkyeran
11 months ago
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Vanguard's target date funds have high fees compared to their other funds, but 0.08% instead of 0.03% doesn't actually matter.
ghaff
11 months ago
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Yeah. Although there is some percentage of people who don’t or just don’t want the mental overhead relative to dealing with stuff they actually care about.
SketchySeaBeast
11 months ago
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Yeah, that's another level of that, totally hands off.
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