Based mostly on the knowledge, it is almost certainly reasonable to say that the majority of economical advisors are not recommending index funds to their customers.
I assume that most economical advisors have superior intentions, but there is crystal clear academic and empirical evidence that the actively managed funds that they typically advise are not in the ideal curiosity of their customers.
The evidence is crystal clear, so why are they nonetheless offering actively managed mutual funds? Enjoy my movie for four factors your advisor is not recommending index funds.
I’m Ben Felix, Affiliate Portfolio Manager at PWL Cash. If you like my series so much, make positive to subscribe and simply click the bell to be notified when I add my subsequent movies!
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Thanks for the video Ben, very imformative! Since the 2008 crash the S&P 500 has been climbing steadily, which is obviously very good for investors. But as we all know, what goes up, must come down. So my question is, what are the dangers for investors investing in the S&P 500? There is still obviously some dangers. And there seems to be a lot of hype regarding investing in the the S&P 500. What will the cause and effect be with everyone putting there money in the S&P 500? Mind you personally I'm coming from the mindset of investing in the S&P 500 for the long term, like 20, 30 years. Or should I wait for the next crash, then go all in with what I can afford. Because at the moment let's be honest the price is quiet high. Your thoughts would be greatly appreciated & once again Thanks Ben 🙂
I know that when I dealt with Ameriprise in Los Angeles some years ago, I made it clear that I would not accept a wrap account–and they refused to follow my directions-because my way didn't make them enough money. At the time, the fees I was paying would have gone up by a factor of 6, now, my fees would go up by a factor of 20