Paulo

The Way Smart Money Diversifies Risk

There comes an age when it may no longer be wise to fire up the computer in the morning and to do a bunch of trades over your first cup of coffee in the morning, particularly if Alzheimer's is staring you in the face.
However, relinquishing control (and that is what you are doing) with packaged, structured, and heavily hyped investment products costs money on the one hand (which if you do no want or need, maybe your children or some worthy cause does) and a withdrawal (which is alright if necessary but hopefully not premature) from the management of your own financial affairs.
But if you have a $million that you do not really need, given a more than adequate pension, might not real return bonds and so on be the best way to go until the spectre of Alzheimer's or whatever appears??
Not able or not interested, by all means take the packaged, structured, defined beneficiary route. Or maybe gardening is more interesting and keeps cognitive functioning in top condition.