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Queer Money

Dec 28, 2021

Show notes:

On this episode of Queer Money, we explain what it means to invest in mutual funds and ETFs as well as the pros and cons of each. 

Free Resources:

Topics Covered 

  • What it means to invest in mutual funds rather than individual stocks
  • An overview of the different types of mutual funds (e.g.: objective-driven, index funds, etc.)
  • The operating expenses and tax risks associated with investing in mutual funds
  • How investing in just a few mutual funds offers a diversified portfolio
  • What differentiates investing in ETFs from mutual funds
  • How to find an exchange traded fund that aligns with your personal objectives
  • The risks associated with investing in certain kinds of ETFs
  • Why ETFs typically have lower fees and fewer regulations than mutual funds
  • How most millionaires in the US built wealth by investing in their 401(k)s
  • Why you should be using your employer-sponsored retirement account