ETF Prime Archive
MCEE’s Mike English Discusses Importance of Financial Literacy
Listen to The ETF Store Show every Tuesday at 9am on ESPN 1510 as we cover everything you need to know about Exchange Traded Funds and the world of investing.
Click here to listen to The ETF Store Show now.
Before reading any further, we think it would be well worth your time to do the following: 1) Watch the brief segment below from the Council for Economic Education titled “Spotlight On: Financial Literacy” which is currently airing on PBS, and 2) Take this short financial literacy quiz from FINRA.
The PBS segment highlights some absolutely alarming statistics. Only 14 states currently require high school students to take a course in personal finance. Of those 14 states, only 20% of teachers report that they’re even competent enough to teach those courses. A third of parents say that they’re more comfortable talking with their children about drugs, than about money! Regarding the FINRA quiz, believe it or not, only 14% of Americans were able to correctly answer all five of these basic financial concept questions correctly!
On our most recent radio broadcast, Mike English, President & CEO of the Missouri Council on Economic Education, joined us in studio to discuss this issue of financial literacy and offer some thoughts on what can be done to help fix the problem. In addition, we explained how a lack of personal financial literacy can cost you big-time when it comes to your investments. A recent US News & World Report article titled “15 Ways Our Financial Decisions Cost Us” laid out powerful research on how low levels of financial literacy can lead investors to pay higher investment fees & expenses, lose a substantial amount of investment income, and ultimately cost them a meaningful chunk of their wealth. The article found that financial literacy can explain more than half the wealth inequality observed in US data.
In our weekly market update, we spent a few minutes discussing how to think about approaching risk management in your investment portfolio and in our ETF Spotlight segment, we examined an ETF that can offer protection in a rising interest rate environment (PowerShares Senior Loan Portfolio ETF – ticker BKLN). Learn more about BKLN by visiting www.etfbuzz.com.
MCEE’s Mike English Discusses Importance of Financial Literacy
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The ETF Store’s Nate Geraci Appears on Bloomberg Radio
Nate Geraci, President of The ETF Store and Host of The ETF Store Show, made several appearances this week on Bloomberg Radio to discuss Exchange Traded Funds. The ETF Report, hosted by Bloomberg’s Catherine Cowdery, is a daily feature covering specific ETFs and the ETF industry as a whole. Geraci appeared consecutively on July 22nd, 23rd, and 24th, discussing a variety of topics. You can listen to these brief, informative segments below:
- July 22nd – Geraci explained why the growing popularity of ETFs comes down to control for investors. ETFs allow investors to control investment costs, when they buy and sell shares, and even active manager risk. Regarding active manager risk, Geraci discussed the challenges investors face in identifying actively managed mutual funds that can overcome their high fees and consistently outperform their benchmark indexes. Click here to listen.
- July 23rd – Geraci described The ETF Store’s value proposition to clients and explained how focusing on asset allocation, finding the right ETFs to represent a given asset class, and maintaining a disciplined investment approach is a combination that can result in long-term success for investors. Click here to listen.
- July 24th – Geraci offered some specific ETPs that investors might consider for a basic Exchange Traded Product portfolio, including what those ETPs invest in and how much they cost. Click here to listen.
You can listen to Geraci’s take on ETFs, the ETF industry, and the financial markets every week by tuning-in to The ETF Store Show on Tuesdays from 9 to 10am on ESPN 1510 in Kansas City. Listen live online here.
Global X CEO on Financial Markets, ETFs
Listen to The ETF Store Show every Tuesday at 9am on ESPN 1510 as we cover everything you need to know about Exchange Traded Funds and the world of investing.
Click here to listen to The ETF Store Show now.
With 35 ETFs and nearly $2 billion in assets, Global X offers an innovative lineup of Exchange Traded Funds spanning a variety of asset classes. On our most recent radio broadcast, Bruno del Ama, CEO of Global X, joined us to discuss some of their specific ETFs and offer a few thoughts on the current financial markets. We also discussed why investors tend to have a home country bias when selecting investments for their portfolios and how ETFs might be just the right investment solution to help overcome this bias.
In our weekly market update, we looked back at last week’s testimony from Federal Reserve Chairman Ben Bernanke and explained why economist/comedian Ben Stein compared Mr. Bernanke to a drug dealer. We also briefly touched on Detroit’s bankruptcy filing and why an ETF such as the iShares S&P National AMT-Free Muni Bond ETF (ticker: MUB) might be a better way for investors to access municipal bonds for their portfolios. In our weekly ETF Spotlight, given our focus on Global X ETFs, we examined the Global X Top Guru Holdings Index ETF (ticker: GURU), which seeks to take some of the best investment ideas from top hedge funds and own them in an ETF. The best part of this ETF? While it seeks to piggyback off the highest conviction investment ideas from the best and brightest hedge fund managers, you avoid the hefty “2 & 20” hedge fund fee structure. Learn more about GURU by visiting www.etfbuzz.com.