Business
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.