The number of investment options we have are way too many. We live in a society where we love having choices. And with investments, more is not always better. Paralysis sets in. It encourages people to change their investments and with all the choices, if it’s not perfect, it’s easy to imagine another choice being better.
Let’s look at the number of investment choices you have.
ETF’s or what’s called Exchange Traded Funds.
These are securities that trade during the day on an exchange like a stock, but are diversified investments like a mutual fund. ETF’s have become very popular. There is almost $3 Billion is assets in ETF’s. There are 4,602 ETF’s. When you throw in the other exchange traded investments like notes, vehicles, and commodities – the number exceeds a head spinning 12,000 products. This does not include the thousands of Mutual Funds out there available to invest in.
If we spotlighted one per radio show, it would take us 46 years to cover them all.
Wall Street creates too many products. Why?
Wall Street is trying to capture your money so they continue to develop new products.
Listen to my full podcast to learn more:
We live in a world of thousands of investment options. If you’re paralyzed, get help. A good advisor can help boil down the countless options and put together an investment plan that can work for you. A word of caution – it’s not going to be perfect.
Date Posted: 06/24/2016 Advice provided in this article is meant for educational purposes only and financial education is important to us. Before making decisions regarding your personal financial situation, please consult an advisor or conduct your own due diligence. If you would like to discuss your Retirement Income Plan with an HCM Wealth Advisor, please give us a call – 513-598-5120. Located in Cincinnati, Ohio, we serve clients in 28 states, and we’d love to help.