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SHORT – Investors beware of fake math used by financial advisers

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You may have noticed we heavily recommend investing in a low cost S&P 500 index fund for a slew of reasons. Almost 80% of all funds that attempt to beat the S&P 500 index fail to do so. As a result companies and advisors attempting to sell these products will skew the performance of the average return % to get you to buy into a given fund. 

There are several things you should look at when selecting a mutual fund, ETF or portfolio but let’s just focus on just the average return number today.Average returns are literally ‘sleight of hand’.  On the surface it’s basically fake math to make the fund look better than it is.

Listen to this episode so you can scrutinize financial products that are you pushed to you so you know exactly what you are investing those hard earned monies in.

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