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Originally Posted by Scanner
But for retirement. . . that breakdown looks way over-diversified to me.
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Funds like this allow the fund companies to start new funds and channel money into them.
For example T Rwoe Price has new global funds, mid cap funds and small cap funds, plus a new tech fund. Including a small position in these allows TRP to establish an asset base for these funds.
I know what I'm doing (or atleast I've convinced myself I know what I'm doing (LOL)). So no need for a one size fits all approach.
But people which want an autopilot can do much worse than using a target fund.