Can You Make Money Off of Your Child's Death?

In the 1940's mutual funds helped the average investor achieve what rich people had known for a long time: that diversification can save your net worth from ruined. In the 1990s exchange traded funds began to trade in serious volumes, with the pace only accelerating. Where do we go from here? Rich Compson, the Head of Managed Accounts at Fidelity Investments joins us to share a solution he and others have been working on. It's a revolutionary way to think about your investment portfolio, offering insane personalization and the ability to be more proactive with tax planning and management. Is it the next thing? We don't know, but we DO know that Rich joins us and shares all the details.

In our headline segment, we start by talking about popular "finfluencers" on social media and how their messages help bring everyone to the discussion of personal finance. But how much should you rely on the advice of these online "experts"? We share a few examples of how things can go very wrong and what to look out for when taking financial advice. We also answer Annaliese's question about beneficiaries on her 401k and Doug shares his trivia.

Enjoy!

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