The fees of mutual fund make them an absolutely horrible vehicle for the passive investor to invest in. A 3% annual fee may not sound like a lot, but compounded over 20-30 years could mean you losing more than HALF of your wealth. Also most fund managers fail to keep their promise of beating the market. Oh and also the tax structure of a mutual fund works against you because you'll pay both short-term and long-term capital gains taxes. So yeah, don't invest in actively managed mutual funds.
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Compound Interest,Investing,Personal Finance,Stocks,Bonds,Wall Street,Investing for Beginners,Index Funds,Mutual Funds,Retirement,Financial Education,Jerry Mcguire,Parody,Comedy,Fees,Mutual Fund Fees,
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