The Ins and Outs of Mutual Funds

Mutual funds have long been a popular investment option for people saving for retirement, but is the landscape changing? We’ll take a deep look into mutual funds, explain some key terminology, and discuss whether it’s a good option or not.

 

Show Notes and Additional Resources: https://theuswealthadvisors.com/2019/12/the-ins-and-outs-of-mutual-funds/ 

 

Today's Rundown: 

0:56 – It’s the final show of 2019.

2:07 – How many of your clients owned mutual funds when they first came to see you?

4:06 – How many of those clients actually understand those mutual funds?

5:08 – What is an expense ratio and why is it important?

9:21 – What about the term ‘loaded’? What does that mean?

12:36 – Are there tax issues to consider when investing in mutual funds?

15:19 – Do you use or recommend mutual funds? Where do they fit into your planning?

18:00 – Do people selling mutual funds adhere to the fiduciary standard?

19:46 – It’s important to remember that owning mutual funds doesn’t necessarily mean your diversified.