Description

In this episode, Matt and Mike discuss all the nitty-gritty details of Exchange Traded Funds (ETFs) and Mutual Funds. What are these funds? How are they similar? How are they different? But most importantly: Which should you choose?

Tune in as we discuss:

• Why some investors were hit with a big tax bill for holding a mutual fund!
• Why you should invest in ETFs in your brokerage accounts.
• What are A, B, and C class shares of mutual funds?
• What is an index fund?
• The difference between an active and passive fund.
• Why are mutual funds and ETFs taxed differently?
• Can you exchange a mutual fund for an equivalent ETF?

Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/