As an Amazon Associate, I earn from qualifying purchases. What does this mean? I recommend products (only ones that I like) and if you purchase a product through that link, I earn some money.
Research Would Show: Mutual Funds are Terrible I was just talking to my Canadian friend this morning and she was telling me about her mom who has hundreds of thousands of dollars invested in mutual funds. With even a minimal amount of reading about investment options, you would know that mutual funds are basically a total rip-off, particularly if you’re from Canada since the fees there are the highest in the world and you’d be…
I was happy to see that Andrew Hallam in his book, The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat dislikes mutual funds as much as I do. It actually surprises me that more financial gurus, such as Dave Ramsey (from The Total Money Makeover) don’t jump off the mutual fund bandwagon and onto the index investing or dividend stock investing one. Anyway, mutual funds are a pretty terrible investment choice especially…
For my overall review of Andrew Hallam’s book The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat, check out this post. Why You Shouldn’t Trust Financial Advisors You should really just buy the book because there is lots of fabulous information, but one thing he emphasizes is a do-it-yourself approach, which I am a strong advocate of as well. Financial advisers generally get paid by commission based on what you buy and…
Disclaimer: I was sent a free copy of this book by Andrew Hallam, The Global Expatriate’s Guide to Investing: From Millionaire Teacher to Millionaire Expat in exchange for reviewing it on this blog. Overall, I really enjoyed it and would recommend it to any expat looking to get into the investing arena and do it right the first time, instead of through trial and error and losing a lot of money in the process. I…
