Ep 7: Mutual Funds 101

Mutual funds have been a popular investment vehicle for many years but how well do you understand were your money is going? Today we’ll take you through the ins and outs of mutual funds by defining the key terminology and discussing the strategy behind the investment.

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The Game Plan

Investors of all level have likely bought mutual funds at some point. If not, you’ve definitely considered the option.

That’s because mutual funds have been the most popular investment vehicle for a quite some time. You’ll find them in 401k accounts, IRAs, and more, and that’s why so many people have made mutual funds a part of their portfolio.

On this episode of the Retirement Playbook Podcast, Dale Tondryk will give us the 101 treatment on mutual funds. No matter how experienced you are, there’s always something new to learn and we’ll do our best to inform you today.

A few things we’ll make sure to cover on this show:

  • The strategy behind investing in mutual funds.
  • Defining key terminology that you might have seen before like ‘expense ratio’ and ‘loaded’ funds.
  • What about ETFs? How do they compare?
  • The tax issues you need to know about.
  • How we incorporate mutual funds into client portfolios.

Even though the landscape might be changing, mutual funds will be around for many more years to come so make sure you have a complete understanding. That’s what we hope to help you with today.

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[0:36] – Let’s talk about mutual funds today.

[0:49] – What percentage of our clients owned mutual funds when they first came in to see us?

[1:25] – What are expense ratios?

[2:30] – On top of the expense ratio you have a turnover fee.

[3:04] – Dale explains ‘loaded’ mutual funds and the difference between frontload, backload, and no load.

[4:26] – What are the tax issues mutual funds can create?

[5:32] – We hear a lot about ETFs now. How are they different from mutual funds?

[6:42] – How often do we incorporate mutual funds into client portfolios? We start by using three investment worlds.

“Mutual funds are extremely popular today and they will be for many years to come.”

– Dale Tondryk

More To Explore

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Do you like to take risks? Or would you rather play it safe and steady? When it comes to the market risk can come with great reward, but it can also be damaging if our risk tolerance is out of balance with our plan. Most people don’t realize how much risk they are taking on and have a much lower tolerance than their portfolio reflects. 

Ep 66: Picking Sides in Important Financial Debates

Financial debates have existed for a long time and when we’re planning we may encounter quite a few. While there are various opinions out there, not everyone’s solution will fit your needs. Each situation is going to depend on your plan and goals.

Ep 65: Are These Retirement Statistics Encouraging or Disturbing?

We’ve gathered some updated retirement statistics from across the country. It’s time to find out if these are encouraging or disturbing findings if they’re reflective of the average client, and what you can do to improve your own retirement preparedness based on this information.