In this episode, Steve Campbell and Travis Maus discuss the topic of mutual funds and why investors may receive a tax bill even when they lose money. They emphasize the importance of understanding net earnings and how much money actually ends up in your pocket after taxes and fees.

They explain that mutual funds are required to make regular capital gains distributions to shareholders, which can result in unexpected tax bills. They also discuss the concept of diversification and the potential drawbacks of owning multiple mutual funds.

Finally, they suggest that investors consider creating their own personalized portfolios to have more control over their investments and potentially reduce taxes and fees.

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About Your Co-Hosts:

Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group.

Steve Campbell has over a decade of experience in the industry and serves as Chief Brand Officer at S.E.E.D. Planning Group.