How to build a portfolio you don’t have to babysit
- A good-quality target-date fund can help manage asset allocation changes over time, particularly as retirement approaches, according to guidance provided.
- Consolidating accounts can reduce complexity, but certain accounts should remain distinct for tax reasons, as highlighted in the guide.
- Investors are encouraged to choose low-cost, well-diversified total market index funds and exchange-traded funds for long-term investments, as suggested in the portfolio-building advice.
- A thorough annual review of the portfolio is essential to manage withdrawals and living expenses safely, according to Christine Benz of Morningstar.
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How to build a portfolio you don’t have to babysit
These four steps can help you craft a (mostly) hands-off portfolio.
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Total News Sources19
Leaning Left8Leaning Right1Center8Last UpdatedBias Distribution47% Left, 47% Center
Bias Distribution
- 47% of the sources lean Left, 47% of the sources are Center
47% Center
L 47%
C 47%
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