In this week's video, Tom talks about the reasons you should use ETFs (exchange traded funds) instead of mutual funds.
Lower fees and tax efficiency savings might not seem like a big deal, but these small amounts will add up over time to make a big difference over your investing lifetime. Tom quantifies for investors just how much they can expect to save per year.
If you can get similar exposure to investments with both ETFs and mutual funds, why wouldn't you go with the one that is going to cost less and potentially save you more in taxes?
#etfs #mutualfunds #investing
0:00 – Exchange traded funds
0:35 – ETFs vs. Mutual funds
1:25 – Why not ETFs?
1:59 – Mutual funds still growing
2:36 – 70 bps of savings
3:18 – Tax efficiency
Mullooly Asset Management is a fee-only investment advisory firm located in Monmouth County, NJ. We work to educate our clients regarding managing the risk in their investments.
Tom Mullooly is an investment industry veteran of over 30 years. Prior to launching the "Mullooly Asset Show," Tom (along with his sons) recorded close to 200 podcasts and nearly 200 videos, which can be found on the site .
The "Mullooly Asset Show" is a new chapter in furthering the education of investors young and old. We answer questions and cover topics that YOU bring up. Our topics and questions range from those brought up by clients to those sent in by our viewers.
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This video is not a recommendation to buy or sell any of the investments mentioned. None of the securities mentioned in this video represent past specific recommendations of Mullooly Asset Management.
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