ETFs Rule, Mutual Funds Drool with Ryan Kirlin

Stay Wealthy Retirement Podcast

Taylor Schulte, CFP®

Financialplanning, Retirement, Money, Taxplanning, Stocks, Wealth, Business, Investing, Retirementplanning

2.4 • 606 Ratings

🗓️ 1 October 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Without question, you have heard of Exchange Traded Funds, also commonly referred to as ETFs.

It's a complex topic so I brought in the best person I know to help us break it down, in plain English.

Ryan Kirlin is the Head of Capital Markets for Alpha Architect. He's also a national-caliber rowing athlete and his claim to fame is having been tested at a resting heart rate of 38 while on the U.S. team for rowing. It was the second-lowest resting heart rate recorded by the US team doctors in 40 years!

Today, with Ryan's help, we’ll dig into:

What exactly an ETF is
How ETFs are different from a mutual fund
The tax benefits of an ETF versus a mutual fund
Why their popularity won't be slowing down any time soon

Show Notes & Links: www.youstaywealthy.com/54

DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.

Transcript

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0:00.0	So exchange traded fund. What is it? Well, it's basically a mutual fund. It's more or less structured the same way. It's structured under the same rules by the SEC. But an ETF receives certain exemptions from what makes a mutual fund a mutual fund and what makes an ETF and ETF.
0:19.0	Welcome to the Stay Wealthy podcast. I'm your host Taylor Schulte. And if you have ever wondered what an ETF is, how it's different from a mutual fund and why they are so popular, today's episode is for you.
0:30.7	Today I'm joined by Ryan Curlin, ETF expert and head of capital markets for Alpha Architect.
0:36.9	Ryan is one of the sharpest individuals I know. and he and his team are my go-to experts for
0:41.9	all things, ETFs.
0:44.0	I just want to quickly mention one thing before you dive into this conversation.
0:48.3	It is absolutely critical that you nailed down all the basics of financial planning
0:52.9	before you start getting concerned about
0:54.8	the complex world of ETS versus mutual funds versus individual stocks and what the absolute best
1:01.2	solution might be for you. Make sure that you have a financial plan in place, an emergency
1:06.0	savings fund intact, all of your retirement accounts are being maxed out for both you and your spouse,
1:11.6	and you're on pace to reach your goals. If the basics aren't nailed down, your time and
1:17.5	energy is likely better used, reducing costs, increasing your earnings, and saving more money
1:24.0	instead of trying to find the best investment solution and trying to navigate
1:28.7	ETFs versus mutual funds and all this stuff we're talking about today. To learn more about
1:33.3	Ryan and his firm Alpha Architect and access all the resources mentioned in today's episode,
1:39.6	head over to you staywealthy.com forward slash 54.
1:49.6	All right, well, let's not waste any time here.
1:54.3	I'd like to kick this off with mutual funds versus ETFs. So, Ryan, who do you think comes out ahead in the long run and why?
1:59.7	Yeah, I'll give you a quote and I'll give you a quick story too. So I read
2:04.2	the book Anti-Fragile by Nassim Taleb. It has this quote in it. It goes,
2:09.9	Michelangelo was asked by the Pope about the secret of his genius, particularly how he carved
	...

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