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Welcome to “Ask Stacy,” a video function the place I reply a cash query despatched in by a reader or viewer. (Learn to ship in a query of your personal beneath.)
At present’s query is about mutual funds: Are you higher off “hiring” an lively supervisor to choose the investments inside a fund? Or do you have to spend money on a fund that doesn’t want a supervisor as a result of it’s designed to easily mirror the market?
Whereas it could appear that having an professional in your nook would produce higher outcomes, experience prices cash. So which do you have to select? Right here’s what I believe.
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The questions I’m likeliest to reply are these that can curiosity different readers. In different phrases, don’t ask for super-specific recommendation that applies solely to you. And if I don’t get to your query, promise to not hate me. I do my greatest, however I get much more questions than I’ve time to reply.
I based Cash Talks Information in 1991. I’m a CPA, and have additionally earned licenses in shares, commodities, choices principal, mutual funds, life insurance coverage, securities supervisor and actual property.
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