Episode 57 — Ignorance is not Bliss
When it comes to your money, ignorance is never bliss.
That’s why, as an investor, you need to know what you own and why you own it. To do so, you need to ask the right questions.
Today, Mark explains how you can ask questions that will benefit you — and why many investors have been trained to ask the wrong questions. Mark additionally shares tips on what questions to ask and the significance of being aware of your own behavioral biases.
In this episode, you’ll learn:
- The difference between a financial advisor and a money manager
- How to consider whether your portfolio structured for your best interest
- Why SMAs (separately managed accounts) are an efficient way to manage your investment funds
- Whether the historical performance of a fund indicative of its future performance
- And more!
Tune in now to discover how investing with clarity can help you gain more knowledge and awareness on your journey to becoming a successful investor!
Resources: Nepsis