Many of us often recommend a 3 fund portfolio or a target fund to someone on this forum, but the other person may not actually know what they are investing in. Target fund in particular can be particularly aggressive in the early phase. Ignorance is sometimes bliss. I recently run into someone who build up a decent position in their employer retirement plan in a target fund, which they did not even remember investing in because they made that decision 10 years ago.
I feel that the danger is that things work well until there is a market crash and the investor freak out because they don't understand how the asset works. People like Sandtrap often post helpful links. I do not because I find that people don't read them. I wonder I can provide the link along with some snippet of helpful info to entice the reader to read it.
In the end, it's also up to the investors to fill in their gaps in knowledge, but what's often the best way to help things along? How much do you actually need any way? I got by without knowing P/E Ratio, etc.
I feel that the danger is that things work well until there is a market crash and the investor freak out because they don't understand how the asset works. People like Sandtrap often post helpful links. I do not because I find that people don't read them. I wonder I can provide the link along with some snippet of helpful info to entice the reader to read it.
In the end, it's also up to the investors to fill in their gaps in knowledge, but what's often the best way to help things along? How much do you actually need any way? I got by without knowing P/E Ratio, etc.
Statistics: Posted by gavinsiu — Fri Dec 06, 2024 10:22 pm — Replies 3 — Views 611