• #1 Money Master the Game. Chap. 2.5

  • Apr 18 2023
  • Length: 26 mins
  • Podcast

#1 Money Master the Game. Chap. 2.5

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  • Summary

  • In this segment, Tony talks about the disadvantages of enterning "mutual funds" as well as the several hidden fees that drain a big part of our "nest egg". Also, Tony comments on how brokers might have the best intentions for your financial health, however, this does not mean they are actually helping you towards your financial freedom since sometimes they might not be even aware of the system they are working for (which is one made up for always get unfairly benefited by its investors). Finally, he mentions some history of the 401(k) retirement plan and how it was never built as a retirment plan from the beginning but as an opportunity to participate in the stock market.
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