Why Index Funds Are Not The Best Mutual Funds

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 27 October 2023

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is sponsored by Smart Vester.
0:07.2	Connect with an investing pro for free at RamseySolutions.com slash invest.
0:15.2	You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building
0:19.7	wealth, and outrageous generosity.
0:22.8	Jacob is in Detroit, hi Jacob, welcome to the Ramsey show.
0:26.0	Hey David, good to be on this show.
0:27.5	Thank you for having me.
0:28.5	Sure, what's up?
0:29.5	I was just wondering why you recommend using mutual funds instead of index funds.
0:35.6	Well, to start with index funds are mutual funds.
0:38.8	They're a type of mutual funds.
0:41.9	And why I don't recommend using those exclusively is pretty simple.
0:47.5	There are about 40% of the mutual funds out there outperform the S&P.
0:54.0	And the typical when someone says index funds are typically thinking about an S&P 500
0:58.8	index fund.
0:59.8	Are you?
1:00.8	Yes.
1:01.8	Among others, there's the Dow Jones, there's the Nasdaq and others like that.
1:06.0	There's Russell.
1:07.0	There's a bunch of index funds.
1:08.3	But 90% of the time when somebody calls me talking about index funds, they've been reading
1:12.2	about Bogle and Bogle heads, impassive investing, and Warren Buffett's advice is just by index
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.