10. The Only Way That Works: Asset Allocation
Stay calm.
I threw a lot of information at you in the preceding chapter, and you might be in the mood now to toss it aside and simply try to pick the one right mutual fund.
Please don't.
You will certainly find plenty of temptation in the marketplace. Potential investors are bombarded with ads beckoning to them to trust a winner, and TV shows and publications make stars out of a handful of investing pros. So, when faced with more than 8,000 different mutual fund choices for an IRA or a dozen in a 401(k), busy people often want to find a shortcut. They spot a fund manager being lauded in the news media and then think their problems will be solved: They will hand their money over to that one remarkable ...
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