Ep16 | Are You Really Diversified? How Overlapping ETFs Could Be Hurting You

Think all ETFs are passive, low-risk, and interchangeable? Think again. In this episode, Ray sits down with Mike Yeager of PACER ETFs to demystify ETFs, mutual funds, and individual stocks—and help you understand where each fits in your long-term plan. As ETFs continue to explode in popularity, many investors (and even some professionals) don’t fully understand their structure, tax treatment, or when they’re the right choice. Whether you’re building a taxable brokerage portfolio, optimizing your 401(k), or diversifying beyond the S&P 500, you’ll want to hear how Mike explains the rise of active ETFs, common misconceptions, and how PACER’s “free cash flow” strategy fits into the modern investing landscape. In this episode, you’ll learn:Why ETFs have outpaced mutual funds in growth—and why that’s not always goodHow to avoid overlapping exposure across ETFs that could cancel out your diversificationWhat “free cash flow” ETFs are and why they’re gaining serious traction with long-term investorsHit play to get a smarter handle on ETFs, mutual funds, and stock picking—and how to use them strategically for long-term wealth building. 🎧 Follow the show every Tuesday on Apple Podcasts:https://podcasts.apple.com/sg/podcast/financially-fluent/id1796392113📩 [email protected] welcome. Real answers given.Explore our free tools and resources atwww.YourNextStepFinancial.com