Nov 4, 2019
In episode 205 of Financially Simple, Justin provides a simple guide for picking Mutual Funds.
When deciding which Mutual Funds to invest in, a lot of new investors can make the mistake of only looking at the numbers. Justin breaks down what investors should be looking at when selecting Mutual Funds to invest in.
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00:50 - A Guide for Picking Mutual Funds
03:22 - Some Guidelines
03:27 - The Mutual Fund's Star Rating
07:35 - Expense Ratio
09:40 - Investment Style
10:37 - Manager Tenure
11:56 - Turnover Ratio
12:54 - Tax Efficiency
13:49 - Style Drift
15:18 - What About Performance?
18:59 - Summary
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Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.