Reality Radio for a really great future.

We're talking real money.

Rarely live from Florida and the great state of Washington.

I am Don McDonald, and that is Tom Cock, and this is the podcast known as Talking Real Money.

Why?

Obviously, we talk about money and we try to make it real.

Unlike so many others who tell you things that just aren't necessarily good for you. In fact,

they're often really, really bad for you. And we want to help you understand the world of money.

And in a recent episode, we talked a little bit about the fee structures of mutual funds and where

the money for the fees went. You know, some of it goes to management, some of it goes to the people who sell the product,

some of it goes to administration, you know, their commissions involved in trailing commissions

and all this confusing rigmarole.

But the bottom line, really, with fees, and this has been the case over and over and over

again, study after study has shown that generally speaking,

the best indicator of a good mutual fund is the fee.

The lower the fee, the better.

However, there has been an attitude in the financial services industry for a very long time

that you get what you pay for in other

words no is not true a higher fee is better for you which is it's just absolutely wrong however

however you have the article there.

Oh, I, did you see me point at you?

This is really bad, man.

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