straykozel

Buffett's Advice to the Berkshire Faithful: Buy Index Funds

The fact is that "the masses" are following their employer's IRA advisor's "safe" recommendations and have their money in mutual funds, very often in the expensive Alphabet ones, plus in their company stock.

IMHO, for "the masses" the most profitable future is in Vanguard-type mutual funds, with the more informed individuals hopefully pushing for Index ETFs to be included in their employer's IRA portfolio "offerings".

Based on my experience from IBM (I am retired) many companies would save great amounts of manpower hours from being wasted on the Web if they (the companies) would provide their employees with top notch, coherent IRA-related guidance and choice of selections.

Is there already portfolio-like Mutual Fund or a dynamic ETF made of ETFs? If not, there surely will be one soon.

I am already more than 80% in ETFs and CEFs, with Zero money in Mutual funds; took me a quite few years to get here....