In this episode, Mark talks about open ended mutual funds. They only price at the end of the day. You can not sell this fund during the day, but the price you will get will be based on the closing price that day. Because of the way the government is moving, the advisory business is forcing advisors and investment businesses to make changes. It is forcing lower prices and lower quality product and service. Advisors are going to be forced to justify the fees they charge you for the money management. Mark also discusses ETFs and predictions for 2017.
December 8, 2016