skeeter
Skeeter, the self-labeled “Oracle of West Seattle” has some thoughts on this of course.
The majority of my retirement savings are in mutual funds. A big chunk is in an S&P index fund. I do, however, also have a decent chunk in the Fidelity “Freedom Fund 20xx” funds. These are funds that target a particular retirement date. They are seemingly well managed and have pretty low fees.
I do enjoy picking some individual stocks and having fun. My best pick in the past few years was PCP, which I’m still holding. Check out the five year chart on them. I’ve had a couple losers too, of course.
The stock market crash of 2008-2010 has actually helped me immensely. I sold nothing during 2008-2010 and continued to buy during that period, so I’m way, way, up since everything purchased during 2008 to 2010 has basically doubled.