Evan Lucas
speaker
1,534 appearances
4 recordings
1 series
first heard Jun 2022
last heard Jan 2023
Evan Lucas’s voice in public audio — every appearance, attributed to the second.
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Appearances
It's giving you that better price and away you go.
So that's one way.
And then let's get back to the other part of your questions around low cost.
Low cost is that, that's where the ETFs come into it.
And again, that should probably be your start point.
The lower costs, the better it is for you.
Because again, compound interest, everything comes back to compound interest.
Yeah, exactly right.
So compound fees, and this is like the analogy is always your home loan.
Your bank isn't your friend, it's providing you something with a product you need.
But don't ever think your bank's your friend because the bank gets the compound on the upside, you get the compound on the downside.
So the higher your interest rate, the more interest you're paying and therefore the less time it takes, you know, the less money you've got, the longer it takes you to pay off.
So you should always be calling your bank on, is that the best rate you can do?
And if not, run away, dead set, you've got so much more power.
So it's the same principle, is that the higher your fees in anything you do, investing, housing, blah, blah, blah,
get them as low as you possibly can.
Because the bigger they are, the bigger they eat into your overall returns.
So FundLater, you can invest in our four major diversified funds, which is where I come into it.
The strategy of that is, you know, we have a conservative fund, which is very heavily weighted to defensive assets, balanced growth and high growth.
They're made up between five and seven ETFs.
Showing 1281–1300 of 1,534 · page 65 of 77
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