How to Choose Mutual Funds

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Business, Investing

4.7 • 3.1K Ratings

🗓️ 15 June 2007

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

First you guys need to know my thoughts on what is known as Efficient Market Theory Efficient Market – Since everyone has the same information about a stock, the price of a stock should reflect the knowledge and expectations of all investors. The bottom line is that an investor should not be able to beat the market since there is no way for him/her to know something about a stock that isn’t already reflected in the stock’s price. I feel that this Theory holds true for Large Cap. US Companies. There are really only 1,000 Large Cap Companies (Cap Value > $10 Billion). Meanwhile there are pundits, analyst, and advisors like myself on every street corner to evaluate these 1,000 stocks. With the vast amounts of information and the speed that information now reaches us through the Internet, Cable Business Channels, AM Business Talk Radio how could you know anymore than anyone else? For more information, visit the show notes at http://www.moneyguy.com/2007/06/how-to-choose-mutual-funds For more information, visit http://www.moneyguy.com/2007/06/how-to-choose-mutual-funds Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:07.4	investing, taxing.
0:09.3	You've got financial questions, he's got financial answers.
0:12.9	It's Brian Preston, the money guy.
0:16.1	Welcome to the Money Guy Podcast.
0:17.8	This is Brian, your host.
0:19.1	By day, remember I am a certified financial planner, a certified public accountant, and a personal
0:24.6	financial specialist.
0:26.4	As I've already mentioned, this is not my day job.
0:28.4	By day, I do the full wealth management, and then I've just for giggles, I've decided
0:33.3	to do this podcast, and it's kind of grown and taken all the life of its own.
0:37.6	The whole purpose of this show is to help you restore order to your financial chaos.
0:41.8	And today's topic, we're going to be talking about how to choose mutual funds, because
0:45.2	remember, the last podcast we did on the win, where, and how to invest, and we're just
0:50.3	going a little bit deeper into the world of investing.
0:52.6	But before we do that, I'm going to kind of double back and go over some of the basic
0:57.8	concepts and go through some definitions of investing, because I've gotten some emails
1:02.2	from you guys that make me think that we do need to do kind of a real quick review.
1:06.9	Before I do that, let's go through the intro stuff.
1:09.2	First, I want to give a big thank you out to Gwyneth Federal Credit Union, because they've
1:14.2	placed a link to the money guy on their home page, and you can actually go to my mug on
1:20.5	the front page with a link.
	...

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