No. of Recommendations: 1

Just out of curiosity, how does one NOT entrust their money to someone else without putting it all under the mattress?

Well, you can direct how it's invested on your own, of course."

I may be splitting hairs, and if so, I apologize. I didn't mean entrust the decision on how to invest the money, just the money itself. Even if you buy shares of stock directly from the company that issues it, you are entrusting it to the management and directors of that company.

If I put my retirement money in some broad based index funds and rebalance regularly to maintain my asset allocation, I am directing how the money is invested (on a macro level), while entrusting to the mutual fund company and its fund managers.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.