How can I convince my spouse to invest in low-fee index funds? How should my fiancé and I combine our finances? If I’d like to invest in rental properties, should I also buy stocks?
Former financial planner Joe Saul-Sehy joins me to tackle these audience questions and more.
My wife is suspicious of Vanguard. She questions how they could stay in business while charging low fees — isn’t there a catch?
She’s also reluctant about investing the majority of our money in a broad-market index fund like VTSAX. She’d prefer more diversification.
Recently, we met with a major brokerage firm that charges a 1.75 percent management fee. How can I get my wife to see the detrimental effects of choosing this high-fee broker?