It would be interesting to check, but my guess is that about 90% of my portfolios were individual company stocks in 2000 where far far less than that is now individual holdings. My IRA has been either traditional mutual funds or ETFs since 1990...
It must not have panned out too well, or I've long since lost the memory of how to find it, but there's a memory of some mutual fund dating back to the '80's that was going to be some sort of "super-duper" fund by investing based on some sort of asset-allocation process into the whole range of things, from precious metals to largecap, smallcap, domestic, foreign, bonds, etc., and then rebalance every so often. Total Return or Totally Balanced fund, some name like that if I try for the very back neurons...
Anyway, the idea here is that since they've done all the diversification for you, well, in theory, anyhow, that all one would have to do would have an extremely simple AIM account of that one fund and corresponding cash reserve. Probably too simple to work out, or the fees ate it alive, or whatever...
Anyone else remember this or know of one like it?
Thanks,
AIMster
