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 seekingalpha.com
3 TIAA Mutual Funds for Spectacular Returns
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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 cbsnews.com
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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 finance.yahoo.com
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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 pionline.com
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…
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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.
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