Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2857:\nKevin Ha of FinancialPanther.com explores why people still invest in expensive mutual funds despite the availability of cheaper alternatives. He reveals that a lack of financial literacy and over-reliance on brand names or financial advisors often lead to poor investment choices. Kevin offers practical solutions, recommending low-cost funds and roboadvisors for better financial outcomes.\nRead along with the original article(s) here: https://financialpanther.com/why-does-anyone-invest-in-expensive-funds/\nQuotes to ponder:\n"Why pay ten times more to invest your money in what amounts to basically the same thing?"\n"My brother\u2019s situation showed me exactly why people still invest in these types of funds."\n"If you want to make it really easy on yourself, go with something I listed in the alternatives."\nEpisode references:\nM1 Finance: https://www.m1finance.com\nThe Vanguard Total Stock Market Index Fund (VTSAX): https://investor.vanguard.com/mutual-funds/profile/VTSAX\nLearn more about your ad choices. Visit megaphone.fm/adchoices