According to Morningstar, passive portfolios hold 22 percent of fund assets, up from 11 percent in 1999. Now it is no longer possible to ignore the impact of indexing.
Hedge fund-replicating mutual funds for the retail set are young, but they have demonstrated an ability to limit losses in downturns.
These days, you can quite literally invest in your own future.
ETFs are all the rage, but be careful. Trading volume is key to success.