ETFs vs. Mutual Funds - The Debate Continues
When you spend every waking hour for a decade working on a mutual fund investing website, you get a little cranky over fund-related innacuracies. We were so annoyed about that trader/gibberish panel discussion about exchange traded funds vs. mutual funds the other day we decided to make our own video about the very same subject. Sort of. Well, it's really just a segment on a business TV show about said topic. At a bar. Hey - we're not Morningstar or CNBC - we don't get to have a conference at a fancy hotel with thousands in attendance. Anyhoo, we're pretty sure MAXfunds.com co-founder Jonas Ferris hadn't had a drink before participating in this enlightening ETF discussion.
"The MAXfunds approach stands in stark contrast to other fund-ranking outfits. The rating system also has a strong contrarian streak. As everyone who's ever read a mutual-fund advertisement knows, 'Past performance does not guarantee future results.' Why then do most fund-ranking outfits rely so heavily on past performance in picking favorites?"
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The Debate Continues
This was useless- here is a hint for you in the future when you do another interview. Shut up, and let the person you interview talk for gods sake. My goodness man, you really talked way too much.