If you’ve listened to the show for more than a couple episodes then you know that we’re big fans of index funds. Specifically, low-cost widely diversified index funds are what the vast majority of our portfolios consist of. But how did index funds come to be? And sure, we’re all for them but what does everyone else say? That’s why we’re pumped to take a deep dive into index funds today with Robin Wigglesworth who is editor of Alphaville over at the Financial Times. Robin is a financial journalist and he’s also the author of the book “Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever.” Passive investing is something we take for granted- for us, index funds have always been an option but that wasn’t always the case. It was a heretical idea in the past, so we’re excited to get into the history of one of the most important modern-day investing innovations: who was responsible for their creation, why hedge funds still exist if index funds are the path to wealth, potential downsides to passive investing, & much more!
Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:
During this episode we enjoyed a Kveik 1 Golden Sour Ale by Shades Brewing- thanks Andy for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!
Best friends out!
See omnystudio.com/listener for privacy information.
Friday Flight - Teenage FIRE, AI Credit Scores, & A New Reason to Hate Gift Cards #447
Investing in NFTs, Whiskey, & Farmland: Sane or Stupid? #446
Hack Your Home & Live For Free with Craig Curelop #445
Friday Flight - Unprepared Borrowers, Unconscionable Bank Fees, & Uplifting Tax Strategies #444
The Weird Science Behind Your Irrational Money Decisions #443
Ask HTM - Buying a Home to Fight Inflation, Ethical Conundrum By Receiving Co-Pay Assistance, & Financial Priorities After Having a Baby #442
Friday Flight - Christmas Tree Inflation, Headphone Trends, & Asinine Hospital Bills #441
Stop Money Arguments In Their Tracks #440
A Very Merry Minimalist Christmas with Meg Nordmann #439
Friday Flight - Robots, Rent Control, & Taylor Swift #438
When to DIY or Hire a Pro #437
Ask HTM - Frugal or Cheap with a Disappointed Daughter, Awkwardness in Combining Finances with a Partner, & Balance Transfer Cards for Large Expenses #436
Friday Flight - Zillow’s Implosion, Your Office Beckons, & the 401(EXTRA)k #435
Think Twice Before Investing #434
Retire Sooner and Increase Your Happiness Now with Wes Moss #433
Friday Flight - Savings to the Moon, Dodging Debt Collectors, and One Stingy Shaq #432
Squid Game Money Lessons #431
Ask HTM - Paying for Medical Tourism, Best Ways to Use an HSA, & Investing in Local Businesses #430
Friday Flight - Buy Nothing Groups, Student Loan Forgiveness Made Easy, & @jack Cries Hyperinflation! #429
Facing Down Our Spookiest Money Fears #428
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Stuff You Should Know
Stuff They Don’t Want You To Know
Stuff You Missed in History Class
Aaron Mahnke’s Cabinet of Curiosities
Stuff To Blow Your Mind