Discover how to create and maintain a diversified portfolio with minimal effort. Learn about asset allocation funds, target-date funds, and automated contributions for long-term financial success.

Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with ... Interest can be calculated in two ways: simple interest or compound interest.

With more than 2,500 different funds to choose from today, the ETF marketplace makes it simple to build a portfolio as simple or as complex as you'd prefer. Today, we're going to focus on simplicity.