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Talking Real Money - Investing Talk

Bye, Bye Bad Funds

Talking Real Money - Investing Talk

Don McDonald

Education, Business, Investing, How To

4.5811 Ratings

🗓️ 6 January 2021

⏱️ 8 minutes

🧾️ Download transcript

Summary

Weeding our Wall Street's bad ideas. Learn more about your ad choices. Visit megaphone.fm/adchoicesQuestions? Comments? Click!

Transcript

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0:00.0

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0:22.8

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0:28.6

reality radio for a really great future.

0:38.0

We're talking real money.

0:40.8

Welcome to Talking Real Money.

0:42.5

Hi, I'm Tomcock.

0:43.9

And I want to spend a couple of minutes talking about mutual funds you should not own.

0:49.7

And the ones that went away in 2020.

0:53.9

You know, new ideas are investing.

0:56.4

It's kind of like new ideas in weight loss.

0:59.7

Oh, you're going to hear a ton of them the next month, right?

1:01.8

Because all those New Year's resolutions.

1:05.0

But their ideas generally, they're trendy, they're hyped up.

1:10.0

And at the end of the day really to lose weight a couple

1:14.0

of things you got to probably eat less or eat better and exercise more there's really not a whole

1:20.1

lot of other tricks to the trade and that's why i'm glad to see trendy as i I said, hyped up investments go away.

1:29.7

Our friend Chuck Jaffe, who is somebody that we've talked to many times.

1:34.3

I read his column every week, and I generally agree.

1:37.3

Chuck kind of veers between using active asset management and passive.

1:43.1

He thinks he should use some of both.

1:44.6

A small disagreement between us.

1:46.2

But recently he wrote about the mutual funds that went away in 2020.

...

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