What About Formulaic Funds?

Q: I do invest in Vanguard index funds with an allocation recommended by their planning area (50/50 with diversification of funds).

I recently heard about passive or so called formulaic funds. I can only... make portfolio changes at specified times. Passive funds are touted as being even lower fees than index funds.

Any comments?

A: Instead of looking at individual investments, it might be better to first step back and decide on the overall strategy and philosophy that you have in your approach to investing. That can then guide you in your individual decisions.

Here's a Special Report that explains my philosophy and strategy. It might help you better understand what I am referring to.

Financial Self Defense

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