The Mutual Fund Sting

Royal American Financial Advisors, LLC, based here in Menifee, brings another weekly video on investing your money...

Survivorship bias is a game the mutual fund industry plays with investors to make you think they have superior skills. They essentially open up a bunch of funds, then keep the winners and close the losers. After they close the loser funds, the track record is wiped from history and the investing public only sees the remaining open funds, which gives the appearance of a huge percentage of excellent funds. Fortunately for us, we don't own any of the fund companies that play that game.

John Borger and Scott Buchanan of Royal American Financial Advisors, LLC provide investor education to help investors avoid costly and unnecessary mistakes, increase their potential returns, and take a more prudent approach to investing and growing their wealth.

You may contact them at (951) 679-2065, or check out their website at: http://www.myinvestmentcoach.com/