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.
Financial Independence Exists on a Spectrum #692
Why Is Insurance So Funky? with Amy Finkelstein #691
Friday Flight - Costco’s Crackdown, Bad Vibes, & Forgotten 401k Accounts #690
How Complicated Should Investing Be? #689
Ask HTM - Paying Off Student Loans Without Dinging My Credit, DIY Tax Loss Harvesting, & Financially Preparing for a Baby #688
Fight and WIN Against Insane Healthcare Costs w/ Marshall Allen (Bestie Ep) #687
Workplace Whiplash: Hybrid Work is Here to Stay #686
Food Stamps to Financial Freedom with Yanely, aka MissBeHelpful #685
Friday Flight - Rents are Receding, The Bull is Back, & Legit Free Cell Service #684
Unique & Delightful Credit Card Benefits #683
Ask HTM - Diagnosable Money Disorders, Rising Home Values vs Wage Growth, & Saving with a 1031 Exchange #682
Friday Flight - T Swift Tourism, Prime Perks, & Apple Breaks the Bank #681
The Diminishing Returns of Frugality #680
Navigating the Kinda Crazy Car Market with Car Dealership Guy #679
Friday Flight - Payments UNpaused, CD Laddering, & Caseless Crazies #678
The Dirty Truth About Home Ownership #677
Ask HTM - Job Pay vs Job Passion, TikTok Mortgage Hack, & Investing More with an IUL Policy #676
Friday Flight - Customer Centric Companies, Password Panic, & The Worst Time to Travel #675
Overcoming Our Idiot Brains #674
Life After Financial Independence w/ The Mad Fientist #673
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
The Clark Howard Podcast
The Indicator from Planet Money
Stuff They Don’t Want You To Know
Stuff You Should Know
Stuff You Missed in History Class