Adam Bold, founder of
Spelling out the premise of his new book, The Bold Truth About Investing, Bold maintains that no matter what asset class an investor wants, they can find it either in a traditional mutual fund or an exchange-traded fund. Individual investors should not own stocks, he maintains, nor should they rely on index funds. Im a believer that by indexing, youre accepting mediocrity, Bold said.
He also is a big believer in establishing a relationship with fee-based advisershis franchise of 70 Mutual Fund Stores are run by fee-based advisersrather than a one-off broker who may not provide continued suitability, as Bold puts it.