Archive for June, 2008
The Illusion of Control
The Wall Street Journal ran a recent article on a new variation of target-date and life-cycle mutual funds (which automatically adjusts the stock and bond allocation as a targeted retirement date approaches). The new "target payout" and "managed payout" funds adjust the stock and bond mix to provide a steady, above-market rate of return to [...]
Posted: June 24th, 2008 under Asset Management.
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