Your diversified portfolio is likely to be one-of-a-kind because the unique combination of factors that define your goals, timeframe, and risk tolerance won’t be exactly the
 same as any other investor’s. Mutual Funds Provides diversification 
 May not be focused 
 May not be fully invested Index Funds & ETFs (Exchange Traded Funds) Seek to replicate index results Transparency 
 May be more tax efficient 
 Poor performance in down market Individual Securities Investments must be balanced 
 Need a varied, representative sample 
 Can be costly to diversify Performance must be monitored Managed Accounts Professional  management Advantage of multiple managers When you invest for retirement, you can select a portfolio of individual securities, mutual funds, and ETFs or choose a target date fund. Its objective is to build and then preserve assets, so that investors in the fund can look forward to a more financially secure retirement. To meet its goal, a target date fund assembles and regularly realigns a port- folio of individual mutual funds to: Help manage investment risk without significantly reducing return during the fund’s growth phase. Try to provide continued, if some- times modest, growth during the fund’s income-producing or asset-preservation phase Since cost has   Read more…