The Scariest 1%: The Impact of Fees in the Long Term

You’re paying your money manager for his or her expertise, right? They know all the secrets and tricks to picking the right stocks and making the right investments. They know things you will never understand. Well, they don’t. According to the analysis, 99 percent of actively managed US equity funds sold in Europe have failed to beat the S&P 500 over the past 10 years. You need someone with expertise to make sure you don’t lose all of your money when the market is volatile. You don’t. Andrew did the math. Full Article Here Show Notes Serpent's Stout: An American Double, Imperial stout. How Not To Be Wrong: The math behind everyday things. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Honest and uncensored - this is not your father’s boring finance show. This show brings much needed ACTIONABLE advice to a people who hate being lectured about personal finance from the out-of-touch one percent. Andrew and Matt are relatable, funny, and brash. Their down-to-earth discussions about money are entertaining whether you’re a financial whiz or just starting out. To be a part of the show and get your financial questions answered, send an email to listenmoneymatters@gmail.com.