2857: Why Does Anyone Invest In Expensive Funds? by Kevin Ha of Financial Panther on Index Fund Investing
Optimal Finance Daily - Financial Independence & Money Advice - A podcast by Optimal Living Daily | Diania Merriam
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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2857: Kevin Ha of FinancialPanther.com explores why people still invest in expensive mutual funds despite the availability of cheaper alternatives. He reveals that a lack of financial literacy and over-reliance on brand names or financial advisors often lead to poor investment choices. Kevin offers practical solutions, recommending low-cost funds and roboadvisors for better financial outcomes. Read along with the original article(s) here: https://financialpanther.com/why-does-anyone-invest-in-expensive-funds/ Quotes to ponder: "Why pay ten times more to invest your money in what amounts to basically the same thing?" "My brother’s situation showed me exactly why people still invest in these types of funds." "If you want to make it really easy on yourself, go with something I listed in the alternatives." Episode references: M1 Finance: https://www.m1finance.com The Vanguard Total Stock Market Index Fund (VTSAX): https://investor.vanguard.com/mutual-funds/profile/VTSAX Learn more about your ad choices. Visit megaphone.fm/adchoices