100 Year of Brainwashing - a podcast by Fixed Cost Financial

from 2019-04-13T12:00

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Mutual funds are widely held, and many investors will say they understand how they work, but that’s not true. The overwhelming majority of mutual fund and ETF shareholders are woefully unprepared to make an informed decision, and this includes those who pride themselves as do-it-yourselfers. For those picking their first mutual fund, it can be intimidating. As a result, most people delay years, even decades, before they begin to invest. Continually putting off what needs to be done is a huge mistake. It’s easy to put off doing what’s right when it takes effort, but buying into the wrong approach, a fake advisor, and false savings vehicles can be both financially and emotionally crushing. In today’s Connecting Dots podcast, we expose a bit of the truth about mutual funds, ETFs, pension plans, 401(k)s, 457s, 403bs, advisors, agents, bankers, brokers, dealers, and those horrible financial planners who are pulling the wool over the eyes of a large segment of the investing public.

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