 Does portfolio management make you feel like you are rolling the dice?
Have you ever felt unsure about managing your retirement account? Do you know whether or not your portfolio is optimally diversified?
You just got hired by a new company and you're filling out the "paperwork" the first day; actually, it's not really paper any more: it's all done on your desktop computer. You get to the screen that asks if you want to participate in the company's 401(k) plan. Of course you do! They match fifty-cents-on-the-dollar and you can contribute up to 10% of your pretax income; that's like getting a 5% raise for doing nothing! Next comes the screen where you must decide how to invest your hard earned retirement savings. You are faced with a bewildering array of investment choices! with seemingly no logical way to decide! You can choose from Asset Allocation funds, Balanced funds, Large Cap Blend funds, Long-Term Government Bond funds, Diversified Emerging Market funds, and so on: 173 mutual funds from which to choose. And remember, the allocations must be in whole percents, and must add up to 100% before you can procede to the next page. You want the best return you can get, as long as it's not too risky: you need a good-sized retirement fund so you can live out your life comfortably, but if things go badly and you lose half your investment you're doomed. How to overcome information overload, and make a logical reasoned decision regarding an optimally diversified portfolio allocation? Take a deep breath, calm down, and load Portfolio Optimizer Pro™ on your PC immediately!. |