Inexperienced investors should take advantage of 'auto-pilot investing'

Use of target-date is a positive trend that will help inexperienced investors invest safely without risking significant losses based on their lack of knowledge, an expert writes. Target-date funds, which were endorsed by Congress in the Pension Protection Act of 2006, are also known as life-cycle funds. This means that TDFs change their asset mix of stocks and bonds based on the age of the investor.