Why Buy Individual Stocks and Bonds?

                       

The public continues to buy individual stocks and bonds, though the odds of success will be shown to be better with index mutual funds and ETFs.

                       

Many also prefer to invest without wise asset allocation selection which I find is essentially a form of disciplined strategy.

                       

And most overlook the ability to reinvest dividends or interest in such funds, particularly, with bonds, to take advantage of the duration principle.

                       

Basic ignorance has become human nature. Despite proof that managed funds cannot consistently beat indexes; die-hards will still attempt to beat indexes, and mostly fail. While disregarding well-thought-out asset allocation andduration principles. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)