Only about 20% of actively managed mutual funds outperform over a five-year period. The other 80% underperform and they underperform by two to three times the amount that 20% output outperformed. So you're paying a lot of money for a low probability of picking a fund that's going to outperform. And even if you happen to pick right, you happen to get a fund that did outperform. It's not going to outperforming by as much as it should outperform to pay you for the risk that you just took.
IN THIS EPISODE, YOU’LL LEARN:
0:55 - What Bogleheads are and what Boglehead investing is
8:55 - Why you need to eliminate unnecessary investment fees in your portfolio
17:52 - How you should get started investing today
42:20 - Why you need to diversify your investments
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Help us reach new listeners by leaving us arating and reviewon Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!