Have you ever met with an investment advisor to create a plan for your future, only to be presented with a pie chart? You are then told, based on your age, what the appropriate size of each pie slice should be for you. These slices are typically arranged by asset class, such as small cap, mid cap, large cap, growth and value, international and bond funds, etc.
There are two major flaws with what I call this “All In, All Things, All The Time” approach. To find out, click here.
-by Jerry McIlhon
