The world is set up today for you to invest in what's typically called a 401k plan. Some people are accumulating some retirement money using IRAs, independent retirement accounts or Roth IRAs. Most of these accounts are set up to invest in a very narrow range of things and they're all long only. Phil Town: The vast majority of money invested in mutual funds is invested in long only mutual funds.
You have different options when it comes to investing. Phil discusses the realities of mutual funds, hedge funds and indexes. For show notes and more information visit www.ruleonepodcast.com
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