#4: The Finance Flash Go Podcast | Important Topics About Money | Mutual Funds

This episode of the Finance Flash Go podcast discusses mutual funds. A mutual fund is a collection of stocks that some financial "expert" puts together that she or he thinks will perform very well i.e. the value will overall trend upward.  This is a form of active investing in which you or someone tries to pick the best stocks and time the market, meaning choose when the stocks will go up or go down.  Unfortuantely, active investing has shown to not work. Passive investing is better.  In fact, by managing your portfolio passivel), statistics show that you have a portfolio that is better than 80% of people in any given year who try to actively “beat the market.” Can you believe that people pay more (in advisor fees, transaction fees, and taxes) for active investment management?  Pay more to do worse. That’s a losing hand. Please enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected], and please be sure to check out Jordan Frey’s blog prudentplasticsurgeon.com where he gives great financial advice. A brief disclaimer While we are providing knowledge and awareness around financial topics in this show, we are not held responsible for any financial decisions you choose to make in response to the podcast. We hope to provide accurate information in regards to money and different methods of wealth creation, but it is always the learner’s responsibility to due their due diligence before making important financial decisions. We hope you enjoy the show and thanks for tuning in, and if you like the podcast please subscribe, share, and leave us a review on the podcasting platform of your choice!