The Stacking Benjamins Show

Is Your Portfolio Safe? The Real Risk of “Funny Business” in Your Investments

5 snips
Nov 20, 2024
Dive into the world of investments as the hosts discuss an unsettling SEC investigation impacting a fund. Learn the value of passive investing and how simplifying your strategy can shield you from market chaos. A fun TikTok Minute highlights common financial blunders. Plus, get insightful tips for parents on planning their child's financial future, covering custodial accounts and 529 plans. Enjoy witty banter, trivia, and previews of exciting upcoming events that blend finance with entertainment!
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ANECDOTE

Bond Fund Trouble

  • Western Assets' flagship bond fund shrunk drastically after an SEC investigation into their co-CIO.
  • This mass exodus of investors highlights the risks of active management, especially in less transparent bond markets.
ADVICE

Passive Investing

  • Consider passive investing, especially if you're concerned about manager-specific risks.
  • Focus on asset allocation for higher returns, rather than betting on individual fund managers.
INSIGHT

Bond Manager Risk

  • While bonds offer lower risk, they can still be affected by human actions.
  • Active bond management is often touted as beneficial, but it also carries the risk of mismanagement or investigation.
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