- A fully hands-on investor. This type of investor likes to handpick the stocks and bonds matching their allocation strategy
- A partially hands-on investor combines holding individual securities with mutual funds, exchange-traded funds (ETFs) or closed-end funds.
- The index investor prefers index mutual funds and ETFs over individual securities.
- The fund investor is similar to the index investor with the exception that they consider owning actively managed funds.
- The combo hands-on/works with an adviser investor combines using an adviser with personal control of investments.
- The adviser investor hires a professional to carry out their allocation strategy.
Inspired by a question from AAII...
https://www.aaii.com/investor-update...neteff20200716