Why we don’t always believe the truth

Categories:

Mutual Funds

November 25, 2009

Are you among those kind-hearted people sponsoring a kid in Africa, India or Cambodia?

Perhaps you’re donating small, regular sums to send somebody to school? If you are–fantastic. But if you’re among the 95% of American investors buying actively managed mutual funds, your generosity doesn’t stop there. While you’re trying to prevent malnourished swollen bellies in one part of the world–you’re supporting the swollen bellies of greed in another.

Read More: Made to Stick: The Myth of Mutual Funds

About the author

Andrew Hallam

I'm a freelance finance writer, lucky enough to have been nominated as a finalist for two Canadian National Publishing Awards. I'm also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School, a book explaining how I became a millionaire on a teacher's salary, while still in my 30s. Working to empower people financially, I'm available to motivate and inspire people on basic retirement planning and index investing. I'm happy to comment on your questions, first, please read the Terms of Use.

Permanent link to this article: http://andrewhallam.com/2009/11/why-we-dont-always-believe-the-truth/

Welcome to My Blog!

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I'm Andrew Hallam. Many people aren't comfortable talking about money. It's not usually a conversational dinner-time topic, and its principles are rarely taught in schools. My goal is to have a "conversation" about it here, on this blog. If you read something you find intriguing, please comment or ask your questions!

I am also the author of the book, Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School

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