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Key Factors to Consider When Choosing a Mutual Fund
Phillip Washington Jr.
October 30, 2023
Key Takeaways:
Match your investment objective with the fund's objective.
Past performance does not guarantee future performance.
Consider expenses and fees relative to expected return.
Analyze a fund manager's expertise and the fund's holdings.
Increase risk tolerance through education, a supportive peer group, meditation, and appreciation of all expressions of money.
Chapters:
| Timestamp | Summary |
| ------------- | ----------- |
| 0:00:05 | Introduction and disclaimer about investment advice |
| 0:00:38 | Introduction to the show and its purpose |
| 0:01:18 | Factors to consider when choosing a mutual fund |
| 0:02:11 | Investment objectives and timeframes |
| 0:03:15 | Importance of risk tolerance in investment decisions |
| 0:04:26 | Evaluating a mutual fund's performance track record |
| 0:05:01 | Understanding the performance of specialized funds |
| 0:07:05 | Considering expenses and fees relative to expected returns |
| 0:08:03 | Importance of fund manager expertise |
| 0:08:43 | Evaluating the holdings of a mutual fund |
| 0:10:29 | How to increase risk tolerance over time through education |
| 0:13:15 | The importance of having advisors, friends, and mentees for money-making |
| 0:14:21 | Practicing meditation to change our mindset about money |
| 0:15:18 | Being present and choosing positive thoughts about money |
| 0:16:05 | Thoughts and emotions around money operate on momentum |
| 0:17:33 | Rewiring our software to feel good about money |
| 0:18:19 | Expanding intelligence and accessing higher feeling thoughts |
| 0:19:27 | The mind is not bounded by space and time |
| 0:20:09 | Practicing neutrality and allowing in higher thoughts |
| 0:20:41 | Appreciating all expressions of money and avoiding comparison |
| 0:22:22 | Education and emotions are key to attracting and making money |
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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