It’s enough to drive a control freak crazy.
You can’t control the stock market as it goes through unpredictable cycles. There’s no way to know which mutual funds will be outstanding or disappointing in the years ahead. The most acclaimed investing stars in the mutual fund business tend to fizzle with time.
Those realities might be making you feel a little out of control at this point, perhaps wondering just what power you have over your money.
You actually have quite a bit—just not the type people imagine when they think their future depends on picking a hot stock or a top mutual fund. Remember, asset allocation—or mixing and matching categories of mutual funds—sets you up to grow your money well if ...