Nov 23rd, 2020

These are the Only Mutual Funds I Would Ever Own

Thanks to heavy exposure in 401(k) plans and widespread appeal to stock brokers and wealth managers for the kickbacks they earn, a stunning $21.3 trillion is invested in our nation’s mutual funds, according to Statista.com. Trouble is, most mutual funds simply fail to deliver. Morningstar looked at 10-year returns (through the end of June 2019) and found that “only 23% of all active funds topped the average of their passive rivals.” That’s because the high fees charged by mutual funds eat into returns, to the point where those returns can lag the market on an after-fee basis. That’s in contrast to those “passive rivals,” that Morningstar cites, which we refer to as exchange-traded funds (ETFs). That’s why I am a huge proponent of ETFs with my financial planning clients.

Read Article
Nov 18th, 2020

Worried about missing out on vaccine profits? Don’t.

In the 1960s comedy sketch “The 2000 Year Old Man,” Carl Reiner, playing an interviewer, asks Mel Brooks, the 2000-year-old man, his secret to living a long life. His reply: “I never run for a bus. There’ll always be another one.”

Read Article
Load More Posts

Receive Wealth Building Tips from Top Traders and Investors

Enter your email below to get the hottest stock picks.

Sponsorship

Access granted: See this new market intel in action

By “working” just 30 minutes a day, 3 days a week, people are retiring from their jobs. They’re buying their dream homes, putting their kids through college, and giving back to their communities.

All the details are right here

Click here right now.