Why Mutual Funds Can Be Bad For Retirement - YouTube - 0 views
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sanjoi on 17 Aug 17Hi everyone, Vince Oldre, certified financial planner. And I want to talk to you why mutual funds can be bad for your retirement. Now not all mutual funds are bad. But some could be bad for your retirement. And before we understand why they might be bad, we also have to understand how mutual funds became in existence to begin with. Now mutual funds started because people like you wanted to invest in the market, but you didn't have a lot of money to be diversified. So if you only had $100 to invest every single month, it was pretty hard to diversify amongst thousands of different stocks. And that's where the mutual fund was giving you the ability to do that.Hi everyone, Vince Oldre, certified financial planner. Why Mutual Funds Can Be Bad