When it comes to retirement and investment management we think the mass market "product" is also outdated and illsuited for the times and times ahead. For starters, it relies on a flawed theory, is backward looking and passively managed. It charges excessive fees along the way while individuals bear the risk and receive very little in return unless the tooth fairy shows up.
Go to AMAZON.com buy Unconventional Success, by David Swensen, the YALE endowment manager, he'll set you straight. The only people making money with this approach today are those still selling it. P.T. Barum would be proud. You didn't just lose money in