In this episode, Mark discusses comprehensive financial planning, a whole process of what needs to be done and then you get a book on what you should follow and things you don’t want a financial advisor to say to you. The industry does not understand some of the fundamentals and basics: know what you own and why you own it. Mutual funds and ETFs are not investments, they are the vehicle that holds investments. Mark also talks about what mutual funds and ETFs are. The reason the media labels things a lower cost or low fee: investors do not have transparency or clarity in what they own and why.

November 13, 2017