Investing in mutual funds offers a structured and diversified approach to building wealth, managed by professional fund managers. While there are costs and some limitations, the benefits of diversification, professional management, and ease of access make mutual funds a popular choice for achieving a variety of financial goals.
Exactly, I used to doubt the value of a financial advisor until my wife's company assigned her an investment adviser in 2020. Honestly, it’s been the best financial decision I’ve made. It helped tremendously; I went from barely making any profit to having a well-diversified portfolio that has grown significantly, with gains exceeding $850k.
I'm stunned that he finally admitted that index funds are a 'fine enough' investment. That is a bit of an evolution from Papa Dave. But the best advice is right near the end: Just. Keep. Investing. Ignore the noise. Just. Keep. Investing!
For the vast majority of investors, the Bogle index fund strategy will work well. Left unsaid was that the mutual fund strategy Dave advocates usually has an inherently higher risk than the benchmark index funds. These mutual fund managers are going out and trying to pick 40, 50, 75 or so individual stocks that will outperform the market and as Dave mentioned, many of them fall short.
Sure many fall short, some will exceed the index, and a few will blow away the index. Why not put some in index funds and buy some funds that have a history of out performing the market? FBGRX, IALAX, MACGX to name a few. Fidelity will waive the loads in most cases.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
"This isn't your first ride on the cabbage truck" sometimes I wonder where Dave's metaphors come from 😂. Idioms aside, I'm a big fan of passive funds and ETF's that track the major indexes.
One of those few Dave's teachings I don't follow. I invested 90% in stocks (blue chips companies) and 10% in index funds. Plan to hold my stocks in the next 20 to 30 yrs. 😁
Mutual funds does not beat the index funds. The only difference is, mutual funds cost more. It may be only like 10-20k in fees in thirty years. But most of the time, mutual funds don't beat index funds.
in horse racing, there was a thought that the trifecta was very difficult to win. Someone came up with the idea of picking the losers, then buying all the combinations excluding the losers. The race officials didn't like this. Is there a fund that tries something similar, reflect one of the indexes, minus a few losers?
@@joechang8696 nobody can know who the losers are, as the market is priced near perfection at all time. Dominos pizza beat Google, Apple, FB, Amazon over the last 10 years, betcha wouldn’t have thought Dominoes was a “winner” right? Ironically, value funds (which people think the companies have problems and therefore are cheaper) have outperformed growth over long time periods.
Dave only pushes mutual funds for his royalties from his elp list.. Stop paying high fees to money managers and mutual funds. They don't beat low cost index funds.
Dave also recommends that we do 25% of investing in international funds. I can't even find one with 8% returns with low fees. I just don't do international funds
Thanks for watching and commenting. Don't forget to hit the subscribe button. For more information, questions, advice and recommendations .... 🅆🄷🄰🅃🅂🄰🄿🄿 +① (⑥⑧②)~②⑤③~⑤⑥⑨⑥!
If you go Vanguard for the mutual funds, their's are actually just as tax efficient as ETF's. Nobody else's is because what Vanguard does to make it tax efficient is patented for a few more years
The one big benefit to mutual funds is the automatic investing. I use ETFs for my personal brokerage, but I use mutual funds in my HSA because it will automatically invest once my balance gets to an amount that I set.
@@j.m0ney133 Not all mutual funds are actively managed and not all ETFs are low cost index funds. There are plenty of indexed mutual funds and more and more actively managed ETF's these days. Jared is right that you can't just throw a blanket over it and say "buy ETFs".
Actively managed funds (ie Ark or American funds, etc) have more fees than Index fund funds(Vanguard, Schwab, Fidelity, etc). Mutual fund and ETF just operates differently.
I just end up overthinking the correct fund to be in I still invest but then rethink strategy for hours and write down comparisons and just keep going around in a circle
Easy call for him, no more kick backs from his "endorsed local providers". The whole system is ripe with legal fraud. Index investing is the way to go for 99.9% of the population.
It's the biggest irritation of his whole show in my mind. He can't run around saying 15% return is normal without saying which four ticker symbols to buy. VOO/VOOG/QQQ/VTSAX is my pick, but I don't make claims to the outcome.
He is also kind of a hypocrite. He does not recommend that people invest in individual stocks or do any sort of day trading, but he advertises for actively managed mutual funds, and the managers of those funds do day trading and pick individual stocks. No matter what their education or background is, the likelihood that those fund managers will continue to beat the index over any extended period of time is less than 4%.
Unless its a Emerging Market Small Cap Value Index Fund, the risks aren't worth the rewards. Different accounting standards and currency risks aren't things I want to add to my portfolio
@@The.Dude.Abides. It's not about trying to win as much as being diversified. International stocks beat US stocks in the Lost Decade (2000-2010). There have been other periods of outperformance further back as well. So no, international does not always underperform, and they can often be a hedge. Even Dave Ramsey has said as much. But you do you.
@@John-mz2te In my opinion this idea is having a “International” fund is dumb what with the fact that the large majority of the companies within the S&P 500 generate more than 50% of their revenues from international sales. Therefore, in my mind they are international. Dave seems to have this idea (as do many others) that in order to have international exposure you need companies that are based outside the US which is ridiculous. Personally, if I can choose where my holdings are based I’ll chose the US every single time due to the fact that they tend to be one of the friendliest places to do business especially when compared to Europe or certain areas in Asia. Coke may be an American company but they are one of the most international companies in the world. Personally, I think the whole idea is having international stocks for the sake of having international exposure is very dated advice and does not account for how small our world has gotten with global trade. Plus, even Warren Buffet states to just invest in US companies and I would rather be taking my cues from him rather than Dave who has admitted that he carries more of this wealth in real estate rather than the actual market since he knows and understands that world better.
@@aaront936 I agree. Not because of the fees, Robinhood doesn't charge fees....but because Vanguard is a better company. Also vanguard is client owned so whatever they do is in the interest of those that use them to invest.
I have to laugh. Graham Stephen did an experiment with another RUclipsr who owned a monkey. The monkey chose I think 50 stocks from the top 1,000 companies.... the monkey portfolio is outperforming the S&P 500. Would I recommend this? Probably not, but it is very funny and very entertaining for someone to do with extra money lying around. Edit: Bottom line, no one knows what the future holds for certain companies.
With the markets so high, do you recommend buying high? I have been waiting on a dip to buy since October, 2020. I have lost a lot of ground waiting for the dip.
@@lkj0822g I generally agree with that strategy but many are advising there will soon be a dip, but one needs to pay attention to the buy low strategy. As Dave says about rentals, you make money when you buy. You have to pay attention to getting a good price whether it be in real estate or in the market. Many, many successful investors keep a reserve of cash to enable them to take advantage of the dips. That is where I am. Just my thoughts and by the way I am a retired CPA. That designation seems to be important to you. It is to me too.
Think about it this way do you think the market will be higher in 10 years than it is today? If your answer is yes (and it should be) then there is no reason not to get in today. If you have a huge lump sum to invest (say $10K or more), then just put in a portion of it every week from now to the end of the year (dollar cost averaging). It has been shown that dumping the entire lump sum is the, mathematically, better play. However, if DCA ultimately gets you actually invest, well, do that! Time *in* the market is more important than tim-ing the market.
Thank you. I think my answer is to see a CFP rather than just a local financial advisor. My assets include rentals, acreages of pasture land, as well as mutual funds and cash and other business interests. Watching Dave's program has enlightened me but I think I need more help than his average listener. I have been debt-free for years.
I started investing because of your show. Used smartvestor to find my advisor and used your tips and simple strategy for guidance. Heart of a teacher. Started a Roth for my kids as well in the same way. They are 18 and 24.
You are getting ripped off with those "SmartVestorPros." I would immediately transfer your money over to a deep discount brokerage house like Charles Schwab, Fidelity, or Vanguard.
Those bitcoin comments are going to age like milk; best just not even bring up something you admittedly don't understand...just stick to pushing smartvestor pros.
@@Helibeaver Bitcoin is going to the moon weather you or Dave likes it. More and More countries and Companies are adopting it at a faster rate. Digital Gold.
@@maximusdecimusmeridius5438 Yes it’s digital gold. A fear based collectible that doesn’t produce value (unlike equities). Which has lost some people millions of dollars in potential growth because they lost their digital passwords. With no way of proving they owned the Bitcoin in the first place.
@@shareworthy5720 if its actively managed it doesn't have low fees. Plus all of the active managing is triggering taxes which further drops your gains.
I started investing with the Fidelity Asset Manager fund, and Asset manager Growth fund in the 90s. I had two problems with the funds, first there was no difference in performance between the regular and the growth fund. Second, with the bonds in the funds, the funds never matched the S&P500 index which they were tracking. So every year I failed to gain the difference(few % each year) between the Asset manager funds and the S&P 500 fund(FXAIX). So I converted to the index fund, and lowered the management fee at the same time. Since then, I match the index(minus fee of .01%) and it averages about 10-12% per year including dividend reinvestments. Yes the fund can be volatile, but over time, it all works out.
FXAIX, FNILX, FZROX, and FSKAX. Pick one and run. I'm a fan of total stock market (FZROX or FSKAX) but you'll get no argument from me if you pick one of the other two since the correlation is so close.
How about you stop spitting on mutual funds, invest in one with low fees that does well, and always have around 20% in cash at the start of each year not counting your spending money, and as you see the market go down, you invest in 4 or 5 increments through the year, that way you will have better return on your money, and the fees wouldn't be of such importance.
Fidelity, JP Morgan, and everyone else are embracing crypto as the future. Bitcoin aren’t beanie babies. It’s the reserve currency of the internet. Do your own research.
Investing in mutual funds offers a structured and diversified approach to building wealth, managed by professional fund managers. While there are costs and some limitations, the benefits of diversification, professional management, and ease of access make mutual funds a popular choice for achieving a variety of financial goals.
ADBE, VWINX and FSPGX are all still good buy, but what do I know I’m not a financial advisor lol
Exactly, I used to doubt the value of a financial advisor until my wife's company assigned her an investment adviser in 2020. Honestly, it’s been the best financial decision I’ve made. It helped tremendously; I went from barely making any profit to having a well-diversified portfolio that has grown significantly, with gains exceeding $850k.
I’ve been worried sick about the current state of my portfolio, who is your advisor?
Her name is ' Rebecca Noblett Roberts ' Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon.
I'm stunned that he finally admitted that index funds are a 'fine enough' investment. That is a bit of an evolution from Papa Dave. But the best advice is right near the end: Just. Keep. Investing. Ignore the noise. Just. Keep. Investing!
Thanks Dave for acknowledging John Bogle's genius! But most importantly, thanks Dave for actually getting me to invest that 15%!!!
good work!
For the vast majority of investors, the Bogle index fund strategy will work well. Left unsaid was that the mutual fund strategy Dave advocates usually has an inherently higher risk than the benchmark index funds. These mutual fund managers are going out and trying to pick 40, 50, 75 or so individual stocks that will outperform the market and as Dave mentioned, many of them fall short.
Exactly. Also, you can't buy yesterday's returns. There are only so many different stocks a fund can own. I'm 100% US Total Market Index fund FTW
@@huskiefan06 ya need some international total market index fund tho 😉
@@harrychufan So I can trail the US Index over time and add more risk? No thanks.
Sure many fall short, some will exceed the index, and a few will blow away the index. Why not put some in index funds and buy some funds that have a history of out performing the market? FBGRX, IALAX, MACGX to name a few. Fidelity will waive the loads in most cases.
@@cobolstinks index funds outperform over long term even those funds didn't outperform ever year and the expense ratios are insane.
The best investment advice you'll ever receive is.......to invest.
That's what Bernie Madoff said, too
to stay far away from daves investing advice
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
"This isn't your first ride on the cabbage truck" sometimes I wonder where Dave's metaphors come from 😂. Idioms aside, I'm a big fan of passive funds and ETF's that track the major indexes.
He knew a lot of guys named Goober in his day.
One of those few Dave's teachings I don't follow. I invested 90% in stocks (blue chips companies) and 10% in index funds. Plan to hold my stocks in the next 20 to 30 yrs. 😁
Mutual funds does not beat the index funds.
The only difference is, mutual funds cost more.
It may be only like 10-20k in fees in thirty years. But most of the time, mutual funds don't beat index funds.
in horse racing, there was a thought that the trifecta was very difficult to win. Someone came up with the idea of picking the losers, then buying all the combinations excluding the losers. The race officials didn't like this. Is there a fund that tries something similar, reflect one of the indexes, minus a few losers?
@@joechang8696 nobody can know who the losers are, as the market is priced near perfection at all time. Dominos pizza beat Google, Apple, FB, Amazon over the last 10 years, betcha wouldn’t have thought Dominoes was a “winner” right?
Ironically, value funds (which people think the companies have problems and therefore are cheaper) have outperformed growth over long time periods.
I know Dave’s been misled, he needs passive indexed funds
Mine do.. weird
@@shareworthy5720 99 percent of them don't'.
I’m so happy that Dave now supports Index Funds 🤗
Dave only pushes mutual funds for his royalties from his elp list.. Stop paying high fees to money managers and mutual funds. They don't beat low cost index funds.
Some can, some cannot.
@@shareworthy5720 after fees none of them beat index funds in the long run.
@@aaront936 with fees at .08% . Not true.
@@shareworthy5720 try comparing VTSAX's performance to one of the mutual funds Ramsey suggests over a five year period.
@@TheSejonger almost 18% isn't bad. But worse than my portfolio.
Love Papa Dave but if "it's not rocket science" then why not share which managed funds consistantly beat the indexes?
Because it will than probably prove him wrong.
Because 80% of mutual funds don't beat the market and they definitely don't beat the market consistently.
@@aaront936 He's selling that he knows how to beat the indexes.
@@JustinCase780 he's selling his financial managers that pay him to be on his list. That is the only reason he pushes mutual funds over index funds.
@@aaront936 yes indeed
I low key think that Dave is starting to become a fan of index funds and etfs
ive noticed that trend in his latest videos
He is being forced to acknowledge it.... He can't hold back the truth
Good to see Dave is finally starting to see the benefits of index funds
It only works if you don't use his elp financial advisors because they will still take a 1% fee.
Dave also recommends that we do 25% of investing in international funds. I can't even find one with 8% returns with low fees. I just don't do international funds
Thanks for watching and commenting. Don't forget to hit the subscribe button. For more information, questions, advice and recommendations .... 🅆🄷🄰🅃🅂🄰🄿🄿
+① (⑥⑧②)~②⑤③~⑤⑥⑨⑥!
Wife has one international fund
Personally I'm thinking of looking into India etf. I'm staying out of China
Index funds > mutual funds
I recommend bogle 3 fund (or vanguard 4 fund) portfolio for its simplification and ultra low expenses
Index doesn't generate the same tax bill, year after year.
Check it out -
I have 60% in index, 30% in mutual and 10% in my company stock.
What’s crazy is that dollar cost averaging, beats timing the market perfectly.
Ah yes, the Dave Ramsey mythical mutual funds that consistently beat the S&P year after year.
Yet here you are listening to him for some reason.
@@jaredhammonds8255 pure entertainment, same reason i watch sexy ditzy idiots on netflix be dumb
FBGRX IALAX do they beat it every year? Nope. Do they most years... Yeap
Weird. I beat the s&p with my two first mutual funds. Going on 8 years..
Troll
Use ETF’s… not mutual funds. Easier to liquidate if need be and better for tax purposes.
If you go Vanguard for the mutual funds, their's are actually just as tax efficient as ETF's. Nobody else's is because what Vanguard does to make it tax efficient is patented for a few more years
The one big benefit to mutual funds is the automatic investing. I use ETFs for my personal brokerage, but I use mutual funds in my HSA because it will automatically invest once my balance gets to an amount that I set.
@@baseballwarrior17 that is an advantage, yes.
I like how he gave tribute to John Boggle! God rest the soul of this wounder full legend
Just buy VOO. Pay 3 basis points and you're done.
ETF’s are better than mutual funds because the fees are less.
A blanket statement like that doesn't make much sense. I have mustal funds with no fees. S&P 500 and total stock market for example
@@jaredhammonds8255 all mutual funds have fees. They are actively managed so you have to pay them for their services unlike ETF’s.
@@j.m0ney133 he don’t understand
@@j.m0ney133 Not all mutual funds are actively managed and not all ETFs are low cost index funds. There are plenty of indexed mutual funds and more and more actively managed ETF's these days. Jared is right that you can't just throw a blanket over it and say "buy ETFs".
Actively managed funds (ie Ark or American funds, etc) have more fees than Index fund funds(Vanguard, Schwab, Fidelity, etc). Mutual fund and ETF just operates differently.
Just once I wish Dave would give the ticker symbols for the funds he invests in
he wont because he wants you to call his smartvestors to make him some money.
I just end up overthinking the correct fund to be in I still invest but then rethink strategy for hours and write down comparisons and just keep going around in a circle
Why not tell them to buy the SP500 and say goodnight. He must get paid to advertise mutual funds
I wouldn't buy the s&p mine do better
dont know what the others are but my $ from S&P is up 20% this year
@@wread1982 imma pass putting it all in one... have fun. I never said I would pick two almost identical funds. So, this kind of random..
Easy call for him, no more kick backs from his "endorsed local providers". The whole system is ripe with legal fraud. Index investing is the way to go for 99.9% of the population.
@@ahhshytson what app do you use to invest in s&p?
Jack Bogle was a genius.
Dave is still not revealing which mutual funds outperform the market
It's the biggest irritation of his whole show in my mind. He can't run around saying 15% return is normal without saying which four ticker symbols to buy.
VOO/VOOG/QQQ/VTSAX is my pick, but I don't make claims to the outcome.
@@sloth6765 the biggest irritation is him telling 20 year Olds to give up 401k company match and to throw their money away at sub 3% mortgage debt.
He is also kind of a hypocrite. He does not recommend that people invest in individual stocks or do any sort of day trading, but he advertises for actively managed mutual funds, and the managers of those funds do day trading and pick individual stocks. No matter what their education or background is, the likelihood that those fund managers will continue to beat the index over any extended period of time is less than 4%.
QQQ, VGT, VOO, VO, VB, MGK, VUG, PAVE, SMH, VCR are good ETFs
VTI
There’s a lot of them 👍
All these growth funds overlap with same stocks
I wonder why Dave never says the exact mutual funds he has
SHOUT OUT TO MARYLAND 🦀
I'm not an experienced investor, but I am a 'math guy', so I totally get what Dave Ramsay says.
Honestly don’t waste your time with international. It always under performs and does not act as a hedge.
Unless its a Emerging Market Small Cap Value Index Fund, the risks aren't worth the rewards. Different accounting standards and currency risks aren't things I want to add to my portfolio
There are multiple decades in which international has outperformed US. You just have recency bias.
@@John-mz2te yeah the past 30 years… I think I’ll take the risk and let you try and win in that space.
@@The.Dude.Abides. It's not about trying to win as much as being diversified. International stocks beat US stocks in the Lost Decade (2000-2010). There have been other periods of outperformance further back as well. So no, international does not always underperform, and they can often be a hedge. Even Dave Ramsey has said as much. But you do you.
@@John-mz2te In my opinion this idea is having a “International” fund is dumb what with the fact that the large majority of the companies within the S&P 500 generate more than 50% of their revenues from international sales. Therefore, in my mind they are international. Dave seems to have this idea (as do many others) that in order to have international exposure you need companies that are based outside the US which is ridiculous. Personally, if I can choose where my holdings are based I’ll chose the US every single time due to the fact that they tend to be one of the friendliest places to do business especially when compared to Europe or certain areas in Asia. Coke may be an American company but they are one of the most international companies in the world. Personally, I think the whole idea is having international stocks for the sake of having international exposure is very dated advice and does not account for how small our world has gotten with global trade. Plus, even Warren Buffet states to just invest in US companies and I would rather be taking my cues from him rather than Dave who has admitted that he carries more of this wealth in real estate rather than the actual market since he knows and understands that world better.
Dave isn’t doing better than he deserves🥺
Is VOO ETF on Robinhood any good ? Starting out my investing and still not too sure
VOO is an ETF that tracks the S&P500
It is a good one. I prefer VTI but their correlation is so close that you'll get no argument from me if you want VOO instead
Buy it through a vanguard account and avoid robin hoods fees.
@@aaront936 I agree. Not because of the fees, Robinhood doesn't charge fees....but because Vanguard is a better company. Also vanguard is client owned so whatever they do is in the interest of those that use them to invest.
Its good its an aggressive growth
I have to laugh. Graham Stephen did an experiment with another RUclipsr who owned a monkey. The monkey chose I think 50 stocks from the top 1,000 companies.... the monkey portfolio is outperforming the S&P 500. Would I recommend this? Probably not, but it is very funny and very entertaining for someone to do with extra money lying around.
Edit: Bottom line, no one knows what the future holds for certain companies.
I remember that. I believe his point was that you can't accurately and constantly time the market.
This just made my future self a millionaire.
Are you sure about that?
With the markets so high, do you recommend buying high? I have been waiting on a dip to buy since October, 2020. I have lost a lot of ground waiting for the dip.
Whew..... Which is why most financial advisors coach against trying to time the market.
@@lkj0822g I generally agree with that strategy but many are advising there will soon be a dip, but one needs to pay attention to the buy low strategy. As Dave says about rentals, you make money when you buy. You have to pay attention to getting a good price whether it be in real estate or in the market. Many, many successful investors keep a reserve of cash to enable them to take advantage of the dips. That is where I am. Just my thoughts and by the way I am a retired CPA. That designation seems to be important to you. It is to me too.
Don't wait on the sidelines just continously invest. Time in the market beats timing the market every time.
Think about it this way do you think the market will be higher in 10 years than it is today? If your answer is yes (and it should be) then there is no reason not to get in today. If you have a huge lump sum to invest (say $10K or more), then just put in a portion of it every week from now to the end of the year (dollar cost averaging). It has been shown that dumping the entire lump sum is the, mathematically, better play. However, if DCA ultimately gets you actually invest, well, do that! Time *in* the market is more important than tim-ing the market.
Thank you. I think my answer is to see a CFP rather than just a local financial advisor. My assets include rentals, acreages of pasture land, as well as mutual funds and cash and other business interests. Watching Dave's program has enlightened me but I think I need more help than his average listener. I have been debt-free for years.
I started investing because of your show. Used smartvestor to find my advisor and used your tips and simple strategy for guidance.
Heart of a teacher.
Started a Roth for my kids as well in the same way. They are 18 and 24.
you got had
You are getting ripped off with those "SmartVestorPros." I would immediately transfer your money over to a deep discount brokerage house like Charles Schwab, Fidelity, or Vanguard.
Those bitcoin comments are going to age like milk; best just not even bring up something you admittedly don't understand...just stick to pushing smartvestor pros.
Awesome question. Go HUGO!
Dave is wrong about Bitcoin. This video won't age well Dave.
You dont know that. You hope so, but you don't know
@@Helibeaver Bitcoin is going to the moon weather you or Dave likes it. More and More countries and Companies are adopting it at a faster rate. Digital Gold.
@@maximusdecimusmeridius5438 Yes it’s digital gold. A fear based collectible that doesn’t produce value (unlike equities). Which has lost some people millions of dollars in potential growth because they lost their digital passwords. With no way of proving they owned the Bitcoin in the first place.
Great advice!
The hardest thing is just being consistent. You’re gonna be fine if you don’t outperform.
Props on your spam consistency
@@TheTurdballs420 You have no idea what a spammer is.
It must be so hard being disingenuous trying to give advice as a sub 200k net worth non-millionaire
Casey the Spammer! Be gone you BS!
@@tigerak02 - 🤣
So which ones do you want us to do Dave haha.
Dont listen to Dave for investing advice. His advice is terrible.
@@aaront936 oh really?? What do you say about it?
Actively-managed funds only make the fund managers rich
Not true. Look for low fees..
@@shareworthy5720 if its actively managed it doesn't have low fees. Plus all of the active managing is triggering taxes which further drops your gains.
@@aaront936 low fee mutual funds for meee
Dave good for habits but terrible investment advise
No question is a dumb question 🙋🏼♂️
A shares or C shares?!?!
Neither. Just get index funds instead. Go with a company like Vanguard, Fidelity, or Charles Schwab.
What about fidelity index funds?
I started investing with the Fidelity Asset Manager fund, and Asset manager Growth fund in the 90s. I had two problems with the funds, first there was no difference in performance between the regular and the growth fund. Second, with the bonds in the funds, the funds never matched the S&P500 index which they were tracking. So every year I failed to gain the difference(few % each year) between the Asset manager funds and the S&P 500 fund(FXAIX). So I converted to the index fund, and lowered the management fee at the same time. Since then, I match the index(minus fee of .01%) and it averages about 10-12% per year including dividend reinvestments. Yes the fund can be volatile, but over time, it all works out.
FXAIX, FNILX, FZROX, and FSKAX. Pick one and run. I'm a fan of total stock market (FZROX or FSKAX) but you'll get no argument from me if you pick one of the other two since the correlation is so close.
How about you stop spitting on mutual funds, invest in one with low fees that does well, and always have around 20% in cash at the start of each year not counting your spending money, and as you see the market go down, you invest in 4 or 5 increments through the year, that way you will have better return on your money, and the fees wouldn't be of such importance.
SWPPX.
Why is there only 7 likes on this one?
Speaks volumes on ‘Just Do It!’ Sorry Nike🤣
I’ll learn how to drive while driving syndrome 😳😂😂😂
Beany Babies??? Never heard of it
investing is the last thing one should ask Dave about. his opinions on it are beyond out of touch.
Fidelity, JP Morgan, and everyone else are embracing crypto as the future. Bitcoin aren’t beanie babies. It’s the reserve currency of the internet. Do your own research.
Mutual fund fcpvx
Dave has his own mutual fund when you are that wealthy you can have a firm come up with a fund just for you.