Comments by "" (@ThePlainBagel) on "Mutual Fund/ETF Keywords u0026 What They Mean" video.

  1. Almighty X thank you for the very kind words! Truthfully I never did much work with penny stocks; the way I was taught was to always stick with safer, less volatile picks. That being said, I know there are many in the field who live for penny stock trades. My biggest piece of advice would be to focus on developing your discipline and tenacity; read about behavioural finance and how to avoid taking mental short cuts. Understanding your own limitations early on will put you well ahead of the pack. That being said, it sounds like you’re already well on track to developing experience in the field! Glad to meet another finance enthusiast, and I wish you all the best with your studies. :)
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  2. Thanks for the positive feedback!
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  3. Thanks dude! Really happy to hear that :)
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  4. Thank you!
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  5. Sorry for the delayed response. 1) It's up to you whether you switch or not. Lower costs are a good things, but its difficult to compare the two knowing nothing about the mutual fund's strategy. If it's an active mutual fund, than you are asking whether you should be passively or actively invested, something that many investors debate on the daily! Take a look at the mutual fund and decide if its offering is worth the fee you're paying (i.e. is it just mimicking the index). 2) As someone under the age of 18 you'll have to open a custodial account. I don't know much about them but yes it's like a joint account where your parent will have the final say on decisions. I would also talk to your parents about whether investing is the right move or whether you have other needs for your money (i.e. are you pursuing post-secondary education?). 3) Any legitimate trading platform that offers 0 fee trading is a great way to trade in my opinion. There are limitations as to what you can buy, but you could easily find an S&P 500 ETF like you mentioned earlier. Certainly one way to trade. Hope this helps!
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  6. Juan Pablo Suazo thank you!
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  7. Most passive funds are index funds; I don’t believe index funds will ever be active, so if they have an index in the name they are probably passive. Outside of that most funds are active
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  8. You can usually find that out in a fund's "Fund Fact" sheet. Do a search for "distributions" and it will indicate how regularly the fund pays out. Hope this helps!
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