“The Mutual Fund Industry Is A Huge Scam”
All of you who are clients of The Financial Coaching Center, LLC, know how we feel about the mutual fund industry, and why we believe in our philosophy of trying to achieve market rates of return with reduced volatility through broad diversification and efficient, low-cost, passive investments. Here’s an article written by Yale’s legendary investment guru David Swensen in which he shreds the mutual fund industry:
http://www.businessinsider.com/david-swensen-mutual-funds-2011-8#ixzz1V6O4yxZV
Don’t let your friends and loved ones gamble or speculate with their financial futures. Invite them to attend Separating Myths From Truth; The Story Of Investing soon. We offer the program every month as part of our Investor Coaching Series, and it is essential for anyone hoping to begin to achieve peace-of-mind about money. Check under “Events and Classes” for the next scheduled class, and let us know how many will be attending. During these times of market volatility, learning about how markets actually work is more important than ever.
