Out of Control?
Has individualized investing come and gone? It may be back to the brokers for investors.
As the stock market climaxed and business boomed, it's no surprise that the "individualized investing" rage attracted many investors, including entrepreneurs. But in this economy, will do-it-yourself investors make their way back to a more traditional path?
Over the past few years, a couple of key models for customized investing have emerged: "community stock funds," where online members help pick stocks within a fund; and "folios," or stock baskets, where each investor can compile a customized fund of stocks or simply remove unwanted companies from a preselected group. The common factor: The investor gets more say in where the money goes.
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