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You Absolutely Must Own ‘Some’ Mutual Funds

You Absolutely Must Own 'Some' Mutual Funds

You Absolutely Must Own ‘Some’ Mutual Funds

Most mutual funds underperform the markets. This holds true whether they are traditional open-end funds, closed-end funds or exchange-traded funds (ETFs). Of course, most stocks underperform the … Continue reading at

3 TIAA Mutual Funds for Spectacular Returns

Teachers Insurance and Annuity Association of America Fund (TIAA), previously known as TIAA-CREF, was founded in 1918. Nuveen, the investment management arm of TIAA, seeks to offer financial services … Continue reading at

Record-low mutual fund fees put more dollars in investors’ pockets

From 2017 to 2018, investors saved $ 5.5 billion, thanks to ever-shrinking mutual fund fees. Fund tracker Morningstar says 2018 fees averaged $ 48 per $ 10,000 invested, down from $ 93 in 2000. “Passively … Continue reading at

Mutual Funds

California synagogue shooting casts harsh light on mutual-fund darling Cloudflare

BOSTON (Reuters) – The gunmen accused of attacking U.S. synagogues and New Zealand mosques over the past six months brewed their ideas on online hate sites, pulling U.S. cyber-defense firm Cloudflare … Continue reading at

Mutual Owners, Mutual Funds: What We Know About the Bitfinex/Tether Scandal

In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether's cash reserves to cover a rumored $ … Continue reading at

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Mutual Funds

Unicorn IPOs pose this challenge for mutual funds and other big investors

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Investors continue to pay lower fees on mutual funds, ETFs - Morningstar

Mutual fund and exchange-traded fund investors on average paid lower fees in 2018 than the year before and saved about $ 5.5 billion in fund expenses compared to 2017, according to a study of U.S. … Continue reading at

Public Mutual declares RM91m distributions for eight funds

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A mutual fund manager has a million portfolio with a beta of 0.95. The risk-free rate is…

A mutual fund manager has a $ 20 million portfolio with a beta of 0.95. The risk-free rate is 4.25%, and the market risk premium is 5.5%. The manager expects to receive an additional $ 5 million … Continue reading at

Is Fidelity International Small Cap (FISMX) a Strong Mutual Fund Pick Right Now?

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* Don’t get ripped off by these shady investments that are basically scams in disguise.

I’ve seen too many people financially wounded from buying this crap. 😠

There is nothing worse than getting ripped off, losing money to something you shouldn’t have bought in the first place.

Because someone misrepresented something and sold it to you just to make money.

Being a financial advisor, I've seen so many people that have bought investments that they shouldn't have. They didn't understand it and their advisor sold them something that they didn't need.

Thankfully, you are watching this video and I want to prevent you from being Ripped Off!

I am going to highlight the 5 biggest investments to avoid because I don’t want you to lose your money.

➡️ 1. Loaded Mutual Funds (A Shares) [1:39] – These are mutual funds that when they are sold the advisor or broker that sold them are going to make a commission for that sell.

➡️ 2. Actively Managed Indexed Funds [6:01] – This is one of the most common investments that people get into when they start investing.

➡️ 3. Non-traded REIT's [9:51] – REIT's can be a good investment – but Non-Traded REIT's are different, the are "Illiquid" meaning you can't cash out your money until it comes due (which could be 10 years or longer).

➡️ 4. Whole Life Insurance [14:14] – It is not 100% bad, but for the most part investing in whole life insurance is not a good move. Buy a term policy, it is so much cheaper!

➡️ 5. Indexed Universal Life Insurance [19:05] – These policies may make sense if you have maxed out your 401K and Roth IRA. So what is it? It is a policy that is tied to some sort of index, so you are subject to what the index does.

You can make a lot of money if you chose to invest wisely. There are so many scams, and so many ripoffs you can avoid.

Have you bought one of these investments? Have you been ripped off?

Have you bought an investment, that I didn’t' mention, and feel like you've been ripped off? 😤

Let me know in the comments. Let me know what you bought and how you got ripped off.

??? Want More Good Financial Cents? ???

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Mutual Funds

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    • Supra 85
    • May 1, 2019

    I'm surprise annuity is not on your list.

    View Comment
    • Julio Lopez
    • May 1, 2019

    Yeah, I got ripped off on my Fixed Whole Life Insurance, when I should have gotten a Term Life Insurance. After a few months of learning about Life Insurance and IRA, 401Ks, and other financial products, I am happy that I canceled my policy, but still interested in getting a term life insurance.

    View Comment
    • leilaniNme
    • May 1, 2019

    You look like the Rock

    View Comment
    • Juan Velazquez
    • May 1, 2019

    Just curious Jeff, in what situations would you see permanent cash value- life insurance making sense? Assuming the client is maxing out 401k/roth.

    View Comment
    • Djelari Ghana
    • May 1, 2019

    everything is a scam. insiders make money. outsiders go broke.

    View Comment
    • Carli wells
    • May 1, 2019

    bought an IUL two years ago. thought my cash value was building up, but nope, after investing 22k in two years my cash value is only 4k. my money is being eaten up by the cost of insurance aka fees. Agent says fees are so high because the death benefit is high. they sold me a fantasy policy with numbers so outrages that i was absolutely livid when i studied the insurance illustration, complete fantasy land numbers. I thought this policy would be a retirement fund for me, but it will not, it will just be a bill I will be paying for the rest of my life. I am currently getting out of this pos policy. and the guy who sold me on it, WAS a family friend. wow..

    View Comment
    • Jeff Thomas
    • May 1, 2019

    Here is additional info on ripoff#4:
    U.S. treasury decision number 1743

    Dividends declared by a participating companies are not dividends in a commercial sense of the word( but are simply refunds to the policyholder of a portion of the overcharge collected).
    In other words, the 5.7% example isn't even a real dividend.
    Good info. Keep it up. People need to hear this

    View Comment
    • Wired Hermit
    • May 1, 2019

    A Forex course from Market Traders Institute. I paid a little bit more than $3,000 to learn to trade using Fibonacci method. I would have done no worse reading tea leaves to trade. Market Traders is a complete scam up selling their over-priced software.

    View Comment
    • veronica powell
    • May 1, 2019

    Thank you for your video. I have suffered a lot. I don't buy anymore insurance because they are all crooks looking for easy way out to live off people's ignorance . I closed the door so tight on insurance.

    View Comment
    • Peter Le
    • May 1, 2019

    You are an Idiot Jeff Rose… there is a cap for the IUL product to offset any losses. Ive had a 401K account and lost it all due to the 2008 bust… yeah… maybe there is a cap but at least I wont lose the principal. you don't get all the upside.. you just get no downside in the IUL… you are a liar

    View Comment
    • Mike Ammargon
    • May 1, 2019

    Timeshares are RIP offs!!!!. They will bill you and when you try to use the best location they will say it's not available..but a regular person trying to rent that same time it will be available..this way you are paying the contract without use..and they get paid by the non owner to use the location.. now the timeshare companies make twice the price..or even 3 times the price..

    View Comment
    • Warren Benson
    • May 1, 2019

    Jeff, what about Fundrise? I have heard you speak about this company positively on other videos. However, in this video you include non-traded REITs as being bad because they are illiquid. Is Fundrise good or bad?

    View Comment
    • Alex
    • May 1, 2019

    You do realize you get to keep the cash value of the premiums you pay in Whole life, granted that cash value is less than your accumulated premium costs early on but evens out later. It's like buying a home vs renting. Not to mention your cash balance grows with dividends and all disbursements are paid out tax free and you can even take a non-structured loan against your death benefit to leverage other purchases if you'd like. It's rly not a bad product, misunderstood. Research LIRP. But I agree definitely not for everyone, Like annuities.

    View Comment
    • John Okeeffe
    • May 1, 2019

    Jeff, new sub here. You remind me of the Rock (wrestler). lol Thanks for posting.

    View Comment
    • Robinhood Trader
    • May 1, 2019

    I broke even 10 years later when I cancelled my whole life insurance policy. It was sold to me when I was 18 years old. Clearly opportunity loss. Hate that product. What I hate most about whole life insurance is when you die, guess who gets to keep the "cash value" of the policy?

    View Comment
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