Based mostly on the knowledge, it is almost certainly reasonable to say that the majority of economical advisors are not recommending index funds to their customers.
I assume that most economical advisors have superior intentions, but there is crystal clear academic and empirical evidence that the actively managed funds that they typically advise are not in the ideal curiosity of their customers.
The evidence is crystal clear, so why are they nonetheless offering actively managed mutual funds? Enjoy my movie for four factors your advisor is not recommending index funds.
I’m Ben Felix, Affiliate Portfolio Manager at PWL Cash. If you like my series so much, make positive to subscribe and simply click the bell to be notified when I add my subsequent movies!
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