I am retired. Are asset allocation funds a good investment or are there hidden high expenses from so much tra

from so much trading. It seems if they are that actively managed that the expenses must be high?? comments please.

You are right – it’s just useless bells and whistles.

You can keep it simple. There are 2 things you can’t afford to lose in retirement: your principal and your purchasing power. Stocks that increase dividends over time take care of that.

Let’s say a stock pays a 5% dividend. It means $1.25 on a $25.00 stock. If the company increases the dividend to, say, $1.45 (16% hike), the market will adjust the stock price to yield 5% – $29.00. So, your principle grows, and your income rises faster than inflation.