My latest post at Alpha Baskets considers the extent to which the line between active and passive continues to blur into a more important outcome oriented approach to investing with the outcome typically being having enough money for retirement.
From the post;
When an investor can truly embrace that they need to focus on meeting their objective as opposed to beating the market they will invest more suitably which to me means a mix of different types of products that when blended together seek a particular outcome. For some that might mean less volatility than the market which is certainly an active objective or some sort of yield oriented strategy which again is an active objective. Most diversifiers are arguably active strategies, how passive is some sort of diversifier that tracks a recently made up index?
Please click through to read the entire post.
The picture is from a week ago Sunday at Phoenix International Raceway from the Campingworld.com 500.