Wealth, Freedom & Options With Joshua Belanger

Slowly Killing Of The Money Vampires

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Sinopsis

I feel like a hypocrite saying this because I loathe financial institutions, but I got back from making a deposit. The reality is that there are no other great options available. It's similar to the current U.S. Presidential Election. Good hearted people are working at these places, but the whole operation is made to nickel and dime us slowly. I'm not sure why JP Morgan would publish this, but I just read that investors have taken out nearly $106 billion out of actively managed equity funds in 2016. It's a large number, but overall it's not that much to tip the needle on money under active management. However, it could be a signal that people are starting to have the confidence to manage their money themselves. Though the money has moved into passive index funds, the message and teachings I and others provide become more important than ever. That's the first step, but money flows and it could flow back. My goal is that I don't want that money to flow back. The good that has come from the FOMC keepin