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Retire With Purpose - The Retirement Podcast

433: Direct Indexing and the Evolution of Investment Tools

Retire With Purpose - The Retirement Podcast

Casey Weade

Investing, Business, Self-improvement, Education

4.7564 Ratings

🗓️ 19 April 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

Investment strategies have evolved over the past 25 years, from mutual funds to ETFs, and now to direct indexing, a strategy favored by the ultra-wealthy due to its tax advantages. Direct Indexing also offers highly customized portfolios while still tracking index returns.

Today's article comes from FA-mag.com titled, The Connection Between Index Investing And Direct Indexing. Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade, breaks down the article and provides thoughtful insights and advice on how it applies to your unique financial situation.

Our Market Outlook Webinar is live! Visit https://bit.ly/4bmHkUb to register.

Show Notes: Howardbailey.com/433

Rate & Review the Podcast: RetireWithPurpose.com/review

📧 WEEKEND READING FOR RETIREES: Receive CFP® insight on 4 hand-picked financial articles delivered straight to your Inbox each Friday: https://bit.ly/3OEdGgu 

📅 SCHEDULE YOUR PERSONAL FINANCIAL REVIEW: Book a 15-minute call with Howard Bailey Financial to see how the topics discussed here apply to your individual situation: https://bit.ly/3z5mXIw 

ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process

Transcript

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0:00.0

You've been investing for a long time.

0:01.9

And if that's the case, then over the last 25 years, you've seen mutual funds overtaken by ETFs.

0:09.7

You've seen active managers now overtaken by passive managers.

0:15.3

And next, there's a new technology that's coming into place that's now expected over the next four years to

0:21.5

overtake both passive and actively managed ETFs and mutual funds. And it can make a huge

0:27.8

impact on your bottom line.

0:36.9

Welcome to Retire with Purpose Podcast.

0:39.2

I am your host, Casey Weed, and it is my mission to deliver clarity and purpose to you and elevate meaning in your life.

0:45.5

And we do that here on the show in a couple of different ways.

0:48.4

We do that both through the financial and non-financial aspects of your financial life.

0:53.6

And when it comes to the conversations

0:55.4

we have, I want you to know what to expect moving forward. Every other Monday, we're going to be

0:59.9

delivering to you a variety of different world-class guests on a variety of different topics.

1:05.6

And every Friday, we get together with you like we are today. And we discuss a trending

1:09.9

topic in the financial

1:11.8

world. And in these conversations, you're hearing us pull out information that we have provided

1:18.3

to you as a weekend reading subscriber. So what's weekend reading? That's an email you get every single

1:23.4

Friday. Our team, we go out, we do the work, and we curate an email to put in your inbox

1:28.0

with four articles on trending topics that could impact your bottom line in retirement.

1:33.6

We send that out on Friday with summaries and takeaways from myself, and you have to get

1:37.9

this resource not just for these articles to stay up to date and make better decisions,

1:42.4

but by subscribing to this email, you'll also receive invitations.

...

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