If you’d like to be a lazy investor, Richard Thaler has a thing or two to say about that.
According to the expert on behavioural economics, he claims that a very simple way of investing makes sense for the general investing public.
And it goes like that.
25% long term bonds
And the result is a compounded return of 9% since 1971. However the drawback is this. Following a portfolio like that limits the return one could possibly get when one knows what he is doing.