Why we don’t always believe the truth

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

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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