Tip:
Highlight text to annotate it
X
but they don't want to discuss mutual funds mutual funds on most popular
overall investment vehicles and history
i'm often asked you know
why don't i recommend them
and i'd like to explain that right now mutual funds were designed primarily for
people who have this type of education as i said earlier sri basic types of
education
which are required for financial success in the real world
that's academic professional and financial
our school system has very little financial or investment investor
education
so my poor jet that was a man who always said you know this is very important
education my rich dad said this was important education so the answer the
question on mutual funds this is the way it goes
if you have only this type of education academic and professional than mutual
funds are perfect for a that's who they are designed for
if you want invest in other investment vehicles than in most cases it will
require more financial education as not financial education come in the
classroom
is financially equivocation that his mental
technically
emotional as well as physically have to do something
so mutual funds are great for these people
high personal and not invest in
and their orbit my financial future of our retirement mutual fund
and the reason for that is this
as we all file not just recently with mom also is known for years or
professionals from the use of mail
and a market has three basic trends uptrend downtrend anna sideways tren
the school board's collabera skull channel market
mutual funds in most cases do well in a bull market and they take a hammering in
a bear market so that's why i don't like them
the mutual funds i know
lost lost soul rapidly in the crash effort mcnaught march of two thousand
the public mutual funds they give you know personal control over your
financial future
you've market goes up you do well market comes down to lose you lose much allie
moore so that's why don't lose like mutual funds they give you know control
if you want control over your financial destiny
you have to have financial education
and that's where rich dad dot com comes and it gives you a financial education
to take control of financial destiny