This episode of the Finance Flash Go podcast discusses mutual funds.
A mutual fund is a collection of stocks that some financial “expert” puts together that she or he thinks will perform very well i.e. the value will overall trend upward. This is a form of active investing in which you or someone tries to pick the best stocks and time the market, meaning choose when the stocks will go up or go down.
Unfortunately, active investing has shown to not work. Passive investing is better. In fact, by managing your portfolio passively), statistics show that you have a portfolio that is better than 80% of people in any given year who try to actively “beat the market.” Can you believe that people pay more (in advisor fees, transaction fees, and taxes) for active investment management?
Pay more to do worse. That’s a losing hand.
How to Find the Perfect Balance Between FIRE & YOLO
5 Easy Steps for Physicians Who Hate Personal Finance
Finance Flash Go! Episode #45: Small Cap vs. Mid Cap vs. Large Cap Stocks
My Stock Portfolio Is Better Than Your Financial Advisor’s
Stress Free Stock Market Investing Is Easier Than It Seems!
Important Money Lessons That I Learned From My Wife
Finance Flash Go! Episode #44: Understanding Growth vs. Value Stocks
I really hope that you all enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected]
And please subscribe and give us a 5-star rating if you enjoy the podcast! It helps us continue our mission of helping all of us to achieve financial well-being!