Learn about ETFs and mutual funds Listener question - Are ETFs or mutual funds better? What they are: ETF’s: Fixed basket Trades like a stock, continuously priced throughout the day Transparency Low fees Broad index or sector Long or short Mutual funds: Funds pooled together Professionally managed Priced at the end of the day Decisions made for you Only know what stocks are in it quarterly Don’t need a brokerage account, can go direct to the fund Higher fees Can cause unwanted capital gains Manager is paid to beat the indexes, but they don’t always accomplish it. Can invest regular deductions from your bank account ie. $25/mo. Question is which one will provide better performance? Use ETF’s for indexes. Use mutual funds for good manager’s track record. Asset allocation model - core + satellite, creating a combination portfolio To get “11 Quick Financial Tips to Boost Your Wealth”, go to www.lindapjones.com.

225: Dow Jones 30 Company Changes in 20 Years

Money, personal finance and financial freedom - get your money to work harder for you so you don't have to work so hard. Linda made $2 million at age 39 and shares actionable knowledge to create wealth in the stock market, real estate, and business. Discover a wealth mentor who shows you a direct path to security, stability and financial freedom. This podcast has a balanced view of how to enjoy life, it is not about frugality. It won't show you how to save a few dollars,  it will show you how to save tens of thousands of dollars. Short episodes get to the point without fluff and give you valuable advice you can put to work immediately. Learn the 6 Steps to Wealth by starting with creating a wealthy mindset. Listen to one podcast and you may find yourself binge-listening to the entire library of knowledge. Be sure to subscribe so you don't miss an episode.