The Retirement Playbook with Dale Tondryk

Ep 7: Mutual Funds 101

Mutual funds have been a popular investment vehicle for many years but how well do you understand were your money is going? Today we’ll take you through the ins and outs of mutual funds by defining the key terminology and discussing the strategy behind the investment.


Show notes and additional resources: 


Today's rundown: 

0:36 – Let’s talk about mutual funds today.

0:49 – What percentage of our clients owned mutual funds when they first came in to see us?

1:25 – What are expense ratios?

2:30 – On top of the expense ratio you have a turnover fee.

3:04 – Dale explains ‘loaded’ mutual funds and the difference between frontload, backload, and no load.

4:26 – What are the tax issues mutual funds can create?

5:32 – We hear a lot about ETFs now. How are they different from mutual funds?

6:42 – How often do we incorporate mutual funds into client portfolios? We start by using three investment worlds.


Helpful Info:


Phone #: 952-401-1671


Ep 6: Your Financial Advisor Should Have These Five Traits

Working with a financial advisor is an important decision that isn’t usually made on a whim. Doing your research and meeting with advisors is a key part of the process to determine who best fits your needs. All financial professionals are unique but all of the good ones will have these five qualities.


Show notes and additional resources: 


Today's rundown: 

0:54 – 1st characteristic: Trust. How do you decide if they’re trustworth?

1:58 – 2nd characteristic: Likeability. How do you assess that?

3:04 – 3rd characteristic: Area of Expertise. Why is this important?

4:11 – 4th characteristic: Good listener

5:34 – 5th characteristic: Problem solver

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