Fast and Finance
Welcome to Fast and Finance! This podcast is designed for everyday, normal people just looking to improve their personal wealth management and expand their knowledge on the markets. We'll cover all the basic concepts so you have a strong base knowledge before we dive into anything more specific. Wealth management is a concept that is overlooked in many school systems, and we're here to change that! Please send us your questions to: patrick.mccrindle@lpl.com - Securities offered through LPL Financial, a member FINRA/SIPC. https://www.finra.org/ - https://www.sipc.org/ Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and SGI Wealth Management are separate entities from LPL Financial. https://www.sgiwealth.com/
Fast and Finance
Breaking Down Mutual Funds
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Patrick McCrindle
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Season 1
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Episode 8
I’ve briefly touched on mutual funds in prior episodes when speaking on diversification and not keeping your eggs all in one basket... and mutual funds are a perfect place to get started with that concept. In short, a mutual fund is a company that pools money from numerous investors and places all the funds in varying securities such as stocks, bonds, as well as some other securities that we’ll eventually get to.