A recent article in The Economist talks about the reasons to stick with low cost ETF’s and proper asset allocation for the long term success.
“The best way for investors to play the odds is to choose low-cost ETFs or trackers and diversify geographically and across asset classes. It is not an exciting strategy. It will not bring anything to brag about at dinner parties. But it will mean that more of their money stays in their own pockets, and less goes to buy other people’s mansions in Mayfair and the Hamptons.”
Remember, successful investing is not supposed to be glamorous. Find something else to chat about this holiday season and your retirement accounts will thank you for it!