Kiplinger's Waggoner says recent downturn was a stress-test for funds

John Waggoner, senior associate editor at Kiplinger's Personal Finance, discussed his research looking at how mutual funds performed during the market's late 2018 downturn and the snap-back rally in January and said that the market's 10-year-long rally gives investors few chances to see how a fund will perform in a downturn, making the recent experience relevant and important for investors worried about how their funds will weather future storms. Also on the show, Ken Schapiro of The Robo Report discussed the performance of robo-advisors over the last decade, author Niall Gannon discussed 'Tailered Wealth Management,' and Fidelity's Keith Bernhardt talked about required minimum distributions from retirement accounts.