Diversification Vs. Fees: What’s More Important for Retirement Investing? - 410

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3 • 681 Ratings

🗓️ 27 December 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is it better to choose low-cost index funds or to diversify investments, even if it means paying higher fees? What causes mutual fund price fluctuation? Are mid-cap funds necessary in a balanced portfolio? Joe and Big Al also talk about real estate funds vs. real estate investment trusts (REITs), and TIAA annuities vs. bonds in a retirement portfolio. Finally, we revisit some investing strategy questions that are still relevant in today’s volatile markets on moving to cash in tough times, analyzing your asset allocation, and rebalancing your retirement portfolio. Show notes, free financial resources, transcript, Ask Joe & Big Al On Air: https://bit.ly/ymyw-410

Transcript

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0:00.0	Today on Your Money, Your Wealth podcast number 410, the final YMIW of 2022, what's more important choosing low-cost index funds or diversifying investments even if it means paying higher fees?
0:13.2	What causes mutual fund price fluctuation? Are mid-cap funds necessary in a balanced portfolio?
0:19.8	The fellows also talk about real estate funds versus
0:22.3	real estate investment trusts and annuities versus bonds in a retirement portfolio. Finally, we revisit
0:28.8	some investing strategy questions from earlier in the year that are still relevant in today's
0:33.5	volatile markets on moving to cash, analyzing your asset allocation, and rebalancing
0:38.7	your retirement portfolio. Visit Your Money, Your Wealth.com, and click Ask Joe and Big Al
0:43.8	on air to send in your money questions for 2023. I'm producer Andy Last, and here are the hosts
0:49.8	of Your Money, Your Wealth, Joe Anderson, CFP, and Big Al Clopline CPA.
0:55.0	Ask Joe and Al, you can write us an email or you can leave a message right there on her
1:00.0	lovely website.
1:01.0	Hi Joe, Big Al Landy. This is Matt from Virginia. I absolutely love your show and have learned
1:08.0	so much over the past year and I can't thank you enough.
1:14.0	I drive a hundred accord and love a cold medella.
1:15.5	Here's my question.
1:17.3	What is more important?
1:20.8	Diversification or low fee index funds.
1:25.7	I have a 403B and my income is too high to contribute to a Roth IRA.
1:29.8	I know you prefer low cost index funds. However, my plan only offers two index funds, an S&P 500 and a total bond market. The International
1:36.4	was a Class A fund with a fee of about 80 basis points. The small and mid-cap are active
1:43.6	funds and are no load, but they still have a fee of about 90 basis points.
1:49.5	Is it worth it to diversify, or do you think I should just think about staying with the index funds?
	...

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