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should i hedge my ira portfolio with a life cycle / target date mutual fund?
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i choose lifecycle funds because i am placing faith (perhaps foolishly) that a full time fund manager knows better what to pick than i.  the same reason i go with mutual funds in general apply to to why i also have the lifecycle funds.  presently my diversification strategy is really just index funds and lifecycle funds. the radio advice guy clark howard often promotes them. http://www.wacotrib.com/none/content/shared/money/stories/clark/0601/060425money.html (i count in the intimidated group)
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