Active mutual fund managers are getting desperate. Their latest gimmick to keep you in the fold is to offer “performance based” fees. Don’t fall for them.
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Of course, not all investments featuring a high return are fraudulent. Many are perfectly legitimate. Whether you should invest in them requires you to understand the amount of risk you will be accepting.
Stupid pet tricks are fun to watch. Stupid financial media tricks may be entertaining, but they have the potential to cause real harm.
I have an offer for you. Rather than betting against an unknown opponent, why not use low management fee index funds?
The use of “dog whistles” is endemic in the financial media. They’re very adept at it, which makes it insidious and dangerous to your financial well-being.
Investors who stick to a disciplined plan, and don’t react to short-term volatility, are better positioned to achieve their financial goals.