Money Market Fund Fees

Talking Real Money - Investing Talk

Don McDonald

Investing, Education, Business, How To

4.5 • 810 Ratings

🗓️ 24 October 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Money market mutual funds used to be a good place to park money. That has changed as many funds have raised their expenses – some to 1% per year. These high expenses eat up what tiny yield you might have received. There are better alternatives. We also dive into all mutual fund expenses and where they go. How much are you paying, to whom, and for what? Plus, we take a question about the fee structure of funds of funds. Do you pay twice? Learn more about your ad choices. Visit megaphone.fm/adc...

Transcript

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0:00.0	Reality Radio for a really great future.
0:08.1	We're talking real money.
0:10.5	I guess the week's over.
0:13.3	Oh, yeah.
0:14.0	Wow.
0:14.7	That was fast.
0:15.9	We were already at Saturday?
0:17.7	Sure glad I was sitting here in this chair with a mic in front of me.
0:20.5	When that music
0:21.2	came up. I knew right away what that meant. That meant, that music, that announcer woman,
0:27.7	meant it's time to do something really important. It's time to talk about money. But not just any
0:35.8	money. We're going to talk about real money, the serious stuff.
0:39.3	Not the frivolous.
0:41.2	That's why you don't hear, you're not going to hear us talking about crypto today.
0:44.1	We're not going to do frivolous.
0:46.6	Tom's over there.
0:47.7	Hey, hi, I'm Don McDonald.
0:49.6	Still in the neck brace.
0:51.6	Yes.
0:52.7	Tom's over there.
0:53.7	Still in the flight pattern. Yes. Tom's over there. Still in the flight pattern.
0:55.7	Absolutely.
	...

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