Dan Malone, welcome to Seeking Alpha. Welcome to the podcast. It's really great to have you. Thanks for making the time.

Thanks for having me. So talk to us a little bit about the funds. The ETFs are something that have

really exploded in recent years and they make up so much of the market these days. Talk to us

about your approach with funds and how you encourage investors to think about them. In terms of the

funds themselves and what I kind of talk about on my channel, it's typically

broken up into four sections. You have what I like to call your more broken up approach,

which I generally look at three funds, an S&P 500 fund, a Europe fund, and an emerging

markets fund. And one strategy that I see many people deploy, including myself, is that you effectively

pick pre-competitive funds in each of those categories, so S&P 500, one Europe, one emerging

markets, and you effectively allocate your monthly or your quarterly or your yearly investment

across those funds based on whatever investment strategy

you want to achieve and whatever your risk appetite is. So you could do something like, you know,

70% to the S&P 500, 20% to Europe and 10% to emerging markets. Now the question that I always get

is, oh, well, why wouldn't you just go with an all-world

ETF, a single all-world ETF, and then you have all those regions in one single investment?

Well, the reason why you might want to break it up into three different funds, as opposed to

just owning one single all-world ETF, is because you have little control over the weightings

of the different regions within

the all-world ETF. And what you'll find is that most all-world ETFs are heavily weighted

towards the US. So if you were someone who wanted to like say have quite a heavy weighting towards

Europe, you want to put maybe 50% of your investment towards European funds.

You can do that by owning each of the regions as individual funds.

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