Not exactly educational per se, but funny stuff…
A Financial Advisor Meeting an “Under-educated” Client:
Getting tricked by the Wrong Financial Advisor:
If one is to work 40+ years to earn a living, it’s critically important to spend just 4 minutes a day learning how to save, allocate, & invest your hard earned money!
Unsurprisingly, more and more investors are pouring money into index funds, instead of actively managed funds.
There are mountains of evidence that passive index funds, over long periods of time, will always beat out actively managed funds or stock picking.
So, between the ease of just picking a single fund, low annual fund fees from companies like Vanguard & Fidelity – why bother with high cost, actively traded funds? (Please – do convince me otherwise. I’m always looking to learn and get feedback!)
Read on for more: http://www.thestreet.com/print/story/13006290.html
