Really dumb question from a newbie. passive investing
WARNING, this will probably seem like an idiotic question to many. I just want to make sure I'm understanding a concept correctly.
Reading 'the bogleheads guide to retirement". So far so good. Am I understanding this correctly? With Passive investing, once I get a risk level I comfortable with and then do the appropriate Asset allocations, I pretty much pick the corresponding fund and leave it alone.
I don't try and time the market.
What would be "active" investing?
Thanks in advance.
Read responses in bogleheads.org