Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I invest all my savings in a single LifePath Portfolio?

0
Posted

Can I invest all my savings in a single LifePath Portfolio?

0

Yes. With the LifePath Portfolios, you only need one portfolio because each one holds a number of underlying funds that provide ample diversification — from stocks to bonds to real estate to international markets. Although we’ve all been told over the years that we must diversify by investing in several different funds, spreading your money between several LifePath Portfolios does not provide further diversification. That’s because all LifePath Portfolios are composed of the same underlying investments (but in different proportions based on their time frame).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123