Episode 153: How to Choose a Good Index Fund

Send us Fan MailIndex fund investing is the best way to invest in the stock market. It has low fees, is tax efficent, and hands off while providing better returns over a 10 year period compared to 90% of actively managed mutual funds. However, not all index funds are created equal. There are index funds that have relatively high expenses and high turnover leading to tax inefficiency. There are also index funds that don’t track the index they are following particularly well, leading to subpar returns. Choosing Index Funds is easy at Vanguard, Fidelity, or Charles Schwab who provide generally good index funds. But what about your employer sponsored retirement account where you may not have access to Vanguard or Fidelity Funds? Tune in to this week’s episode to learn how to look for a good index fund for your portfolio.  Please subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakesIf you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbookDr. Elisa Chiang is  a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .You can learn more about Elisa at her website or follow her on social media.Website: https://ww.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/ElisaChiang Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast...