“Tax simplifies because if you're using a fund of fund, it's all managed through that one fund… your tax next year is going to be more complicated with multiple ETFs.”
♫
Said on Get Started Investing
“They would then allocate and rebalance the portfolio… lower transaction costs… if you're on a platform that charges transaction fees and you're investing in seven different investments, that's a fairly significant cost.”
Get Started Investing · How many ETFs do I actually need? I’m overwhelmed
Play from 14:29
14:29
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
Explain that fund-of-funds reduce transaction costs because inflows are used to rebalance instead of buying/selling each underlying ETF each month
Said nearby on the same subject
“You could sell an ETF based on the S&P 500 and buy an ETF based on another index… or buy a fund that invests in the same industry”
♫
Said on Motley Fool Hidden Gems Investing
“If you sell three versions of the same thing, add a very simple kind of comparison block, like who each one is for, and then one line under each.”
SH
Steve Hutt
eCommerce Fastlane: Shopify Growth Strategies - Where AI Efficiency Meets Human Connection ·
“BNI… costs a few hundred dollars for a year's membership… they limit how many people in each discipline can join… you end up swapping… sending client referrals to each other”
CM
Clay Mosley
Freelance to Founder ·
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