(EP. 24) Are Target Date Fund's Your Friend? & The New ETF: Custom Indexing

In this week's episode, we explore a study that shows that target-date funds in your 401K can actually hurt your performance over time. We look into how custom indexing is making ground, and how it has advantages to ETFs from a cost and personalization standpoint. We talk about how stock correlations (how stocks move together) have been increasing dramatically over the last 30 years. Part of this is passive investing's fault.This lends more support to the idea of a new age of stock picking (or custom indexing!). But we point out that just cause it's custom doesn't make it any better than passive. Ideally, you can blend optimization with personalization to improve long-term outcomes.We also hassle Tesla and the EV industry as well as Bitcoin and its environmental concerns. We wrap up with a chat about SPACs.