MMM-071: Silent Partners
Rahodeb calls in his support. Anonymity on the Internet. Uncle Fred’s retirement fund. Having a financial advisor is OK. Step 7 from Mark Hebner. Guitar Hero and Rock Band. Active Investor flaws.
Congratulations to Index Funds Advisors for passing $1 Billion of assets under management!
I ENCOURAGE you to Download this show thru iTunes!
But, if you just can’t possibly deal with that then go ahead and
Play the new show right now
How many other CEOs, CFOs, and CIOs are posting anonymously about their companies? Rahodeb the CEO of Whole Foods calls in to say he likes the Mad Money Machine.
Our Guru is a two-time winner. I present his example of investing in Uncle Fred’s retirement plan. Its a good one!
Humberto Cruz says having a financial advisor is OK!
We talk about Step 7: Silent Partners with the author Mark Hebner.
Guitar Hero II is very hard to finish. Freya is ridiculous. Guitar Hero III is on the way as is ROCK BAND!
Why would someone advise you to purchase an actively managed fund, even in small-cap or international stock? You gotta wonder?
Why would someone advise you to buy PUT OPTIONS on Apple stock after the iPhone comes out? Trying to hit the advisor home run?
Mutual Fund and Hedge Fund managers find it fun to use your money to play with. Are you funding their gambling addiction?
Quanta Services, Big Lots, Trinity Industries, Chaparral Steel, Kansas City Southern, Ohio Casualty Corp, Bob Evans Farm are all fantastic stocks to own. Get it by buying DFSVX which is a component of each of the Indexfolios.
Why do active investors invest actively? Because they think they can beat the market. Studies have shown that they can’t. Those that get lucky enough to pick a winning stock get addicted and think they can do it again and again. They usually fail to compare their entire portfolios performance to a globally diversified benchmark.
Music from music.podshow.com:
ALTA PLAZA – XRAY DOGS
TV Guide – Oscar Trim
Runaway Train – Under Feather
The Mad Money Machine is proud to be sponsored by Index Funds Advisors at ifa.com.
Email me: feedback at Mad Money Machine dot com, or comment, or Call me on the Mad Money Machine voicemail line at 206-734-4763