EPISODE · Nov 1, 2018 · 13 MIN
# 107 - Fidelity Proves The Era of Expensive Investment Management is Over
from The Josh Scandlen Podcast · host Josh Scandlen
What arrived in the mail the other day? Nothing more than a piece from Fidelity investments advertising they now have funds that are LOWER cost than Vanguards... Wow... To see the change in the industry from a few decades ago to now, is nothing short of incredible. John Bogle, Vanguard's founder, was/is a pariah in the investment world. WHy? Because he shown a light on the sickening nature of investment managers getting rid off the back of their investors without adding ANY value. For many a year, Bogle was demeaned. But the academics saw the light first and slowly, ever so slowly at first, the industry began to change. Now, that Fidelity is competing with Vanguard on price shows you which side actually won. However, there is still a lot to be wary about. Many an investment manager still charges well over 1%, even if the investments they use are low cost, such as Vanguards. Don't fall for this, my friends. If your investment guy is flying around the country in a private jet or going off on his yacht that is YOUR money. It's YOURS! And your investment manager is not adding value for your fee. ================================= GET ALL MY LATEST BLOGPOSTS: https://heritagewealthplanning.com If you like what you see, a thumbs up helps A LOT. It tells YouTube that people are engaged and so the Youtube algorithm will show the vide to others who may be interested in the content. So, give me a thumbs up, please! Don't forget to SUBSCRIBE by clicking here: https://www.youtube.com/channel/UCSEzy4i9xrKPoaU9z0_XbmA?sub_confirmation=1 Contact me: [email protected] GET MY BOOKS: Both are FREE to Kindle Unlimited Subscribers! The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It https://amzn.to/2LHwQpt Strategic Money Planning: 8 Easy Ways To Put Your House In Order https://amzn.to/2wKGi50 PODCAST: https://itunes.apple.com/us/podcast/josh-scandlen-podcast/id1368065459?mt=2 http://heritagewealthplanning.com/category/podcasts/ LET'S SOCIALIZE! Facebook: http://Facebook.com/heritagewealthplanning Linkedin: https://www.linkedin.com/in/joshscandlen/ Quora: https://www.quora.com/profile/Josh-Scandlen Google +: https://plus.google.com/u/1/108893802372783791910
What this episode covers
What arrived in the mail the other day? Nothing more than a piece from Fidelity investments advertising they now have funds that are LOWER cost than Vanguards... Wow... To see the change in the industry from a few decades ago to now, is nothing short of incredible. John Bogle, Vanguard's founder, was/is a pariah in the investment world. WHy? Because he shown a light on the sickening nature of investment managers getting rid off the back of their investors without adding ANY value. For many a year, Bogle was demeaned. But the academics saw the light first and slowly, ever so slowly at first, the industry began to change. Now, that Fidelity is competing with Vanguard on price shows you which side actually won. However, there is still a lot to be wary about. Many an investment manager still charges well over 1%, even if the investments they use are low cost, such as Vanguards. Don't fall for this, my friends. If your investment guy is flying around the country in a private jet or going off on his yacht that is YOUR money. It's YOURS! And your investment manager is not adding value for your fee. ================================= GET ALL MY LATEST BLOGPOSTS: https://heritagewealthplanning.com If you like what you see, a thumbs up helps A LOT. It tells YouTube that people are engaged and so the Youtube algorithm will show the vide to others who may be interested in the content. So, give me a thumbs up, please! Don't forget to SUBSCRIBE by clicking here: https://www.youtube.com/channel/UCSEzy4i9xrKPoaU9z0_XbmA?sub_confirmation=1 Contact me: [email protected] GET MY BOOKS: Both are FREE to Kindle Unlimited Subscribers! The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It https://amzn.to/2LHwQpt Strategic Money Planning: 8 Easy Ways To Put Your House In Order https://amzn.to/2wKGi50 PODCAST: https://itunes.apple.com/us/podcast/josh-scandlen-podcast/id1368065459?mt=2 http://heritagewealthplanning.com/category/podcasts/ LET'S SOCIALIZE! Facebook: http://Facebook.com/heritagewealthplanning Linkedin: https://www.linkedin.com/in/joshscandlen/ Quora: https://www.quora.com/profile/Josh-Scandlen Google +: https://plus.google.com/u/1/108893802372783791910
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# 107 - Fidelity Proves The Era of Expensive Investment Management is Over
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