Why you should enjoy a brighter future by avoiding active money management

In this episode of Talking Real Money Quick, Don takes a few calls on proper portfolio allocation and whether it is worth having any actively managed funds. We also breeze through some reminders about avoiding speculation and following financial science rather than outdated beliefs.

  • How precise to be with your portfolio allocation.

  • Finding a reliable fiduciary by asking the right questions.

  • The value of tulips and why speculation is about a string of fools.

  • Why the title of financial advisor can be misleading.

  • Flat earth theories and why unscientific beliefs persist.

  • The uselessness of having even a few actively managed funds.