<prompt> Human: A financial adviser from our retirement came in and said index funds passive are great during when the market is great. But then said remember 2008 stock crash where index funds were not good and active funds Target Date Funds with higher expense ratios were better. I smell BS, can anyone back this up?  <response>: Thats a half truth. You should have a balance of stocks and bonds, which is what a Target Date Fund does, but you can also create the same balance for a bit less money using the standard three-fund index model. 