Life-cycle mutual funds vs DIY portfolio: Automate investing or manage it yourself for 30 years—what experts suggest
· livemint.com
Life-cycle mutual funds automatically adjust their asset allocation as a goal approaches, while a DIY portfolio lets investors decide how to divide their money across equity, debt and gold or silver ETFs. Experts explain how the two approaches differ and which one you should choose.
When investing for long-term goals such as retirement or a child’s future, you have two options: choose a life-cycle fund that automatically changes its asset...