Inexperienced investors should take advantage of 'auto-pilot investing'

For inexperienced investors with little knowledge about the investment process, it may be important to invest in funds that do not require much maintenance. Now, a researcher at the University of Missouri has found that investors with less investment knowledge are more likely to invest in target-date funds (TDFs). Michael Guillemette, an assistant professor of personal financial planning in the MU College of Human Environmental Sciences, says this is a positive trend which will help inexperienced investors invest safely without risking significant losses based on their lack of knowledge.

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